Microchip Technology Inc. Stock Rises Tuesday, Outperforms Market

Dow Jones01-01

DJ Microchip Technology Inc. Stock Rises Tuesday, Outperforms Market

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

Shares of Microchip Technology Inc. $(MCHP)$ inched 0.40% higher to $57.35 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.43% to 5,881.63 and Dow Jones Industrial Average falling 0.07% to 42,544.22.

The stock's rise snapped a three-day losing streak.

Microchip Technology Inc. closed $43.22 below its 52-week high ($100.57), which the company achieved on May 24th.

Trading volume (5.5 M) remained 2.3 million below its 50-day average volume of 7.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 31, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

December 31, 2024 17:04 ET (22:04 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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