DJ Microchip Technology Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Microchip Technology Inc. (MCHP) slid 1.49% to $60.95 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.25% to 6,373.45 and Dow Jones Industrial Average falling 0.45% to 43,975.09.
This was the stock's second consecutive day of losses.
Microchip Technology Inc. closed 26.45% short of its 52-week high of $82.87, which the company reached on August 21st.
The stock underperformed when compared to some of its competitors Monday, as Advanced Micro Devices Inc. $(AMD)$ fell 0.28% to $172.28, Applied Materials Inc. (AMAT) fell 0.27% to $184.38, and Analog Devices Inc. $(ADI)$ rose 0.05% to $224.07.
Trading volume (10.2 M) eclipsed its 50-day average volume of 9.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 11, 2025.
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August 11, 2025 16:57 ET (20:57 GMT)
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