DJ Microchip Technology Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Microchip Technology Inc. (MCHP) rose 3.12% to $67.06 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.64% to 6,902.05 and the Dow Jones Industrial Average rising 1.23% to 48,977.18.
This was the stock's second consecutive day of gains.
Microchip Technology Inc. closed 13.13% below its 52-week high of $77.20, which the company achieved on July 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Advanced Micro Devices Inc. $(AMD)$ fell 1.07% to $221.08, Applied Materials Inc. (AMAT) rose 5.75% to $284.32, and Analog Devices Inc. $(ADI)$ rose 1.30% to $277.29.
Trading volume (9.2 M) eclipsed its 50-day average volume of 8.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 5, 2026.
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January 05, 2026 16:56 ET (21:56 GMT)
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