DJ Microchip Technology Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Microchip Technology Inc. $(MCHP)$ advanced 1.40% to $68.97 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.08% to 42,206.82 and the S&P 500 Index falling 0.22% to 5,967.84.
This was the stock's second consecutive day of gains.
Microchip Technology Inc. closed 28.88% below its 52-week high of $96.98, which the company achieved on July 17th.
The stock outperformed some of its competitors Friday, as Advanced Micro Devices Inc. $(AMD)$ rose 1.14% to $128.24, Applied Materials Inc. $(AMAT)$ fell 1.96% to $169.46, and Analog Devices Inc. $(ADI)$ fell 0.57% to $228.35.
Trading volume (19.1 M) eclipsed its 50-day average volume of 11.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 20, 2025.
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June 20, 2025 16:55 ET (20:55 GMT)
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