DJ Microchip Technology Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Microchip Technology Inc. (MCHP) rose 1.91% to $70.53 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.02% to 6,389.77 and the Dow Jones Industrial Average falling 0.14% to 44,837.56.
This was the stock's second consecutive day of gains.
Microchip Technology Inc. closed 21.27% below its 52-week high of $89.59, which the company reached on August 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Advanced Micro Devices Inc. (AMD) rose 4.32% to $173.66, Applied Materials Inc. $(AMAT.UK)$ rose 2.47% to $190.27, and Analog Devices Inc. $(ADI.AU)$ rose 1.29% to $230.77.
Data source: Dow Jones Market Data, FactSet. Data compiled July 28, 2025.
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July 28, 2025 16:56 ET (20:56 GMT)
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