DJ Microchip Technology Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Microchip Technology Inc. (MCHP) shed 2.10% to $74.41 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.47% to 6,964.82 and the Dow Jones Industrial Average rising 0.04% to 50,135.87.
This was the stock's third consecutive day of losses.
Microchip Technology Inc. closed 8.62% short of its 52-week high of $81.43, which the company reached on January 28th.
The stock underperformed when compared to some of its competitors Monday, as Advanced Micro Devices Inc. $(AMD)$ rose 3.63% to $216.00, Applied Materials Inc. (AMAT) rose 2.50% to $330.57, and Analog Devices Inc. $(ADI)$ rose 0.79% to $322.97.
Trading volume (11.3 M) eclipsed its 50-day average volume of 9.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 9, 2026.
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February 09, 2026 16:53 ET (21:53 GMT)
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