Monolithic Power Systems Inc. Stock Rises 8.3%, Outperforms Peers

Dow Jones08-01

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Monolithic Power Systems Inc. rose 8.3% to $1,426.03 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,489.72 and the Dow Jones Industrial Average rising 0.5% to 52,485.03.

This was the stock's second consecutive day of gains.

Monolithic Power Systems Inc. closed 16.8% short of its 52-week high of $1,714.09, which the company achieved on May 26th.

The stock outperformed some of its peers, as Texas Instruments Inc. fell 0.6% to $275.74, Analog Devices Inc. rose 0.2% to $367.41, and NXP Semiconductors N.V. fell 6.53% to $229.16.

Trading volume totaled 1.5 million, compared to the 50-day average of 983,657.

Data source: Dow Jones Market Data, FactSet

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