DJ Microchip Technology Inc. Stock Outperforms Competitors On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Microchip Technology Inc. $(MCHP)$ advanced 1.41% to $51.72 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.08% to 5,667.56 and the Dow Jones Industrial Average rising 0.08% to 41,985.35.
Microchip Technology Inc. closed 48.57% below its 52-week high of $100.57, which the company reached on May 24th.
The stock outperformed some of its competitors Friday, as Advanced Micro Devices Inc. $(AMD)$ fell 0.65% to $106.44, Applied Materials Inc. $(AMAT)$ fell 1.46% to $152.12, and Analog Devices Inc. $(ADI)$ fell 0.73% to $204.40.
Trading volume (29.4 M) eclipsed its 50-day average volume of 9.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 21, 2025.
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(END) Dow Jones Newswires
March 21, 2025 17:01 ET (21:01 GMT)
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