DJ Microchip Technology Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Microchip Technology Inc. (MCHP) rose 2.06% to $69.21 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.40% to 6,388.64 and the Dow Jones Industrial Average rising 0.47% to 44,901.92.
The stock's rise snapped a two-day losing streak.
Microchip Technology Inc. closed 22.75% below its 52-week high of $89.59, which the company achieved on August 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Advanced Micro Devices Inc. (AMD) rose 2.68% to $166.47, Applied Materials Inc. $(AMAT.UK)$ fell 1.29% to $185.69, and Analog Devices Inc. $(ADI.AU)$ rose 0.64% to $227.82.
Trading volume (8.4 M) remained 589,112 below its 50-day average volume of 8.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 25, 2025.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
July 25, 2025 16:55 ET (20:55 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.