DJ Microchip Technology Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Microchip Technology Inc. (MCHP) slid 3.67% to $71.48 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.48% to 7,619.98 and Dow Jones Industrial Average falling 0.29% to 52,421.20.
Microchip Technology Inc. closed 32.51% short of its 52-week high of $105.91, which the company achieved on May 8th.
Despite its losses, the stock outperformed some of its competitors Monday, as Advanced Micro Devices Inc. (AMD) fell 4.40% to $493.41, Applied Materials Inc. (AMAT) fell 7.07% to $424.21, and Analog Devices Inc. (ADI) fell 4.69% to $361.02.
Trading volume (10.4 M) eclipsed its 50-day average volume of 9.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 14, 2026.
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