DJ Microchip Technology Inc. Stock Underperforms Thursday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Microchip Technology Inc. (MCHP) slipped 2.19% to $63.29 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.27% to 6,606.49 and Dow Jones Industrial Average falling 0.44% to 46,021.43.
The stock's fall snapped a three-day winning streak.
Microchip Technology Inc. closed 24.07% below its 52-week high of $83.35, which the company achieved on February 12th.
The stock underperformed when compared to some of its competitors Thursday, as Advanced Micro Devices Inc. $(AMD)$ rose 2.91% to $205.27, Applied Materials Inc. (AMAT) rose 2.21% to $357.21, and Analog Devices Inc. $(ADI)$ rose 0.60% to $310.44.
Trading volume (10.2 M) eclipsed its 50-day average volume of 9.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 19, 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
March 19, 2026 16:56 ET (20:56 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments