DJ Microchip Technology Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Microchip Technology Inc. (MCHP) shed 3.10% to $91.11 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.17% to 7,445.72 and the Dow Jones Industrial Average rising 0.55% to 50,285.66.
Microchip Technology Inc. closed 13.97% below its 52-week high of $105.91, which the company achieved on May 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Advanced Micro Devices Inc. $(AMD)$ rose 0.45% to $449.59, Applied Materials Inc. $(AMAT)$ rose 0.24% to $427.36, and Analog Devices Inc. $(ADI)$ fell 3.48% to $384.21.
Data source: Dow Jones Market Data, FactSet. Data compiled May 21, 2026.
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(END) Dow Jones Newswires
May 21, 2026 16:51 ET (20:51 GMT)
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