Tiger Brokers

Monolithic Power Systems Inc. Stock Climbs 5.8%, Outperforms Peers

Dow Jones
3 hours ago

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Monolithic Power Systems Inc. advanced 5.8% to $1,439.73 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,722.72 and the Dow Jones Industrial Average rising 0.5% to 51,176.96.

This was the stock's second consecutive day of gains.

Monolithic Power Systems Inc. closed 16.0% short of its 52-week high of $1,714.09, which the company reached on May 26th.

The stock outperformed some of its peers, as Texas Instruments Inc. rose 4.4% to $293.80, Analog Devices Inc. rose 3.1% to $417.15, and NXP Semiconductors N.V. rose 1.87% to $243.66.

Trading volume totaled 689,627, compared to the 50-day average of 740,916.

Data source: Dow Jones Market Data, FactSet

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