DJ Microchip Technology Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Microchip Technology Inc. (MCHP) slipped 4.66% to $59.50 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.17% to 6,771.55 and Dow Jones Industrial Average falling 0.53% to 47,085.24.
This was the stock's second consecutive day of losses.
Microchip Technology Inc. closed 22.93% below its 52-week high of $77.20, which the company reached on July 10th.
The stock underperformed when compared to some of its competitors Tuesday, as Advanced Micro Devices Inc. $(AMD)$ fell 3.70% to $250.05, Applied Materials Inc. (AMAT) fell 3.16% to $230.19, and Analog Devices Inc. $(ADI)$ fell 1.81% to $229.38.
Trading volume (7.9 M) eclipsed its 50-day average volume of 7.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2025.
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(END) Dow Jones Newswires
November 04, 2025 16:57 ET (21:57 GMT)
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