Monolithic Power Systems Inc. Stock Rises 3.6%, Outperforms Peers

Dow Jones04:34

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

Shares of Monolithic Power Systems Inc. rallied 3.6% to $1,253.91 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.4% to 7,690.73 and the Dow Jones Industrial Average falling 0.1% to 51,966.03.

Monolithic Power Systems Inc. closed 26.8% below its 52-week high of $1,714.09, which the company reached on May 26th.

The stock outperformed some of its peers, as Texas Instruments Inc. fell 0.1% to $276.12, Analog Devices Inc. fell 0.3% to $394.26, and NXP Semiconductors N.V. rose 0.34% to $230.11.

Trading volume totaled 861,855, compared to the 50-day average of 670,619.

Data source: Dow Jones Market Data, FactSet

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