Microchip Technology Inc. Stock Rises Monday, Outperforms Market

Dow Jones01-07 06:04

DJ Microchip Technology Inc. Stock Rises Monday, Outperforms Market

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

Shares of Microchip Technology Inc. $(MCHP)$ rose 1.08% to $58.29 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.55% to 5,975.38 and the Dow Jones Industrial Average falling 0.06% to 42,706.56.

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

Microchip Technology Inc. closed $42.28 below its 52-week high ($100.57), which the company reached on May 24th.

Trading volume (6.9 M) remained 1.0 million below its 50-day average volume of 8.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled January 6, 2025.

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

January 06, 2025 17:04 ET (22:04 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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