Monolithic Power Systems Inc. Stock Outperforms Competitors On Strong Trading Day

Dow Jones06:05

DJ Monolithic Power Systems Inc. Stock Outperforms Competitors On Strong Trading Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Monolithic Power Systems Inc. (MPWR) advanced 4.06% to $617.28 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.73% to 5,974.07 and the Dow Jones Industrial Average rising 0.16% to 42,906.95.

This was the stock's second consecutive day of gains.

Monolithic Power Systems Inc. closed $342.36 short of its 52-week high ($959.64), which the company reached on August 29th.

The stock outperformed some of its competitors Monday, as Texas Instruments Inc. $(TXN)$ rose 1.75% to $190.14 and Analog Devices Inc. $(ADI)$ rose 1.47% to $214.89.

Trading volume (687,803) remained 361,352 below its 50-day average volume of 1.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2024.

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December 23, 2024 17:05 ET (22:05 GMT)

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