DJ Microchip Technology Inc. Stock Underperforms Monday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Microchip Technology Inc. (MCHP) slid 2.43% to $73.39 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.16% to 6,977.27 and the Dow Jones Industrial Average rising 0.17% to 49,590.20.
Microchip Technology Inc. closed 4.94% 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 Monday, as Advanced Micro Devices Inc. $(AMD)$ rose 2.22% to $207.69, Applied Materials Inc. (AMAT) rose 2.01% to $307.24, and Analog Devices Inc. $(ADI)$ fell 2.35% to $293.86.
Trading volume (7.0 M) remained 2.0 million below its 50-day average volume of 9.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 12, 2026.
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 12, 2026 16:53 ET (21:53 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments