This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Microchip Technology Inc. shed 8.3% to $60.41 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.7% to 6,552.51 and Dow Jones Industrial Average falling 1.9% to 45,479.60.
This was the stock's second consecutive day of losses.
Microchip Technology Inc. closed 24.0% below its 52-week high of $79.44, which the company reached on October 29th.
The stock underperformed when compared to some of its peers, as Advanced Micro Devices Inc. fell 7.7% to $214.90, Applied Materials Inc. fell 4.7% to $209.87, and Analog Devices Inc. fell 5.30% to $225.27.
Trading volume totaled 12.0 million, compared to the 50-day average of 8.1 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 10, 2025 16:33 ET (20:33 GMT)
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