Monolithic Power Systems Inc. Stock Falls 5.8%, Underperforms Peers

Dow Jones04:34

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

Shares of Monolithic Power Systems Inc. slid 5.8% to $1,243.11 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.1% to 7,718.94 and Dow Jones Industrial Average falling 0.1% to 51,621.48.

Monolithic Power Systems Inc. closed 27.5% short of 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 2.5% to $280.65, Analog Devices Inc. fell 2.7% to $403.57, and NXP Semiconductors N.V. fell 2.43% to $220.83.

Trading volume totaled 1.1 million, compared to the 50-day average of 662,898.

Data source: Dow Jones Market Data, FactSet

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