DJ Microchip Technology Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Microchip Technology Inc. (MCHP) slipped 2.36% to $63.17 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.47% to 6,615.28 and the Dow Jones Industrial Average rising 0.11% to 45,883.45.
This was the stock's second consecutive day of losses.
Microchip Technology Inc. closed 22.62% short of its 52-week high of $81.64, which the company reached on September 27th.
The stock underperformed when compared to some of its competitors Monday, as Advanced Micro Devices Inc. $(AMD)$ rose 1.63% to $161.16, Applied Materials Inc. (AMAT) rose 1.87% to $170.93, and Analog Devices Inc. $(ADI)$ fell 0.12% to $244.91.
Trading volume (6.8 M) remained 1.7 million below its 50-day average volume of 8.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 15, 2025.
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September 15, 2025 16:57 ET (20:57 GMT)
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