This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Monolithic Power Systems Inc. slipped 5.8% to $1,333.18 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.7% to 7,691.76 and Dow Jones Industrial Average falling 0.2% to 53,343.40.
The stock's fall snapped a two-day winning streak.
Monolithic Power Systems Inc. closed 22.2% below its 52-week high of $1,714.09, which the company achieved on May 26th.
The stock underperformed when compared to some of its peers, as Texas Instruments Inc. fell 3.8% to $272.24, Analog Devices Inc. fell 3.5% to $376.63, and NXP Semiconductors N.V. fell 1.79% to $228.56.
Trading volume totaled 1.1 million, compared to the 50-day average of 1.0 million.
Data source: Dow Jones Market Data, FactSet