This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Monolithic Power Systems Inc. tumbled 10.4% to $1,481.05 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.6% to 7,383.74 and Dow Jones Industrial Average falling 1.3% to 50,866.78.
This was the stock's second consecutive day of losses.
Monolithic Power Systems Inc. closed 13.6% below its 52-week high of $1,714.09, which the company reached on May 26th.
The stock underperformed when compared to some of its peers, as Texas Instruments Inc. fell 6.7% to $285.06, Analog Devices Inc. fell 6.4% to $401.39, and NXP Semiconductors N.V. fell 8.15% to $295.96.
Trading volume totaled 1.4 million, compared to the 50-day average of 624,976.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
June 05, 2026 16:34 ET (20:34 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments