DJ Microchip Technology Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Microchip Technology Inc. (MCHP) advanced 5.32% to $69.14 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.52% to 6,466.91 and the Dow Jones Industrial Average rising 1.89% to 45,631.74.
Microchip Technology Inc. closed 16.35% short of its 52-week high of $82.65, which the company reached on August 29th.
The stock outperformed some of its competitors Friday, as Advanced Micro Devices Inc. $(AMD)$ rose 2.47% to $167.76, Applied Materials Inc. (AMAT) rose 1.66% to $162.49, and Analog Devices Inc. $(ADI)$ rose 2.13% to $252.20.
Trading volume (12.4 M) eclipsed its 50-day average volume of 8.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 22, 2025.
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August 22, 2025 16:53 ET (20:53 GMT)
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