DJ Monolithic Power Systems Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Monolithic Power Systems Inc. (MPWR) rallied 2.35% to $488.62 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.23% to 5,062.25 and Dow Jones Industrial Average falling 0.91% to 37,965.60.
The stock's rise snapped a two-day losing streak.
Monolithic Power Systems Inc. closed 49.08% short of its 52-week high of $959.64, which the company reached on August 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Texas Instruments Inc. $(TXN)$ rose 1.72% to $154.00, Analog Devices Inc. $(ADI)$ rose 4.09% to $171.34, and NXP Semiconductors N.V. $(NXPI)$ rose 1.54% to $163.29.
Trading volume (1.8 M) eclipsed its 50-day average volume of 962,467.
Data source: Dow Jones Market Data, FactSet. Data compiled April 7, 2025.
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April 07, 2025 17:00 ET (21:00 GMT)
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