DJ Microchip Technology Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Microchip Technology Inc. (MCHP) rose 2.97% to $67.07 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.07% to 6,735.13 and the Dow Jones Industrial Average rising 1.12% to 46,706.58.
Microchip Technology Inc. closed 15.57% short of its 52-week high of $79.44, which the company reached on October 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Advanced Micro Devices Inc. $(AMD)$ rose 3.21% to $240.56, Applied Materials Inc. (AMAT) rose 1.40% to $228.13, and Analog Devices Inc. $(ADI)$ rose 1.38% to $246.22.
Trading volume (5.4 M) remained 2.4 million below its 50-day average volume of 7.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 20, 2025.
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(END) Dow Jones Newswires
October 20, 2025 16:55 ET (20:55 GMT)
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