Microchip Technology Inc. Stock Underperforms Tuesday When Compared To Competitors
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Microchip Technology Inc. (MCHP) shares fell 1.91% to $65.90 on Tuesday, underperforming compared to competitors. The S&P 500 Index fell 0.24% and the Dow Jones Industrial Average fell 0.62%. MCHP is 14.64% below its 52-week high of $77.20. Competitors' performances: AMD rose 0.77%, AMAT fell 0.93%, and ADI fell 0.73%. Trading volume was 6.9M, below the 50-day average of 8.7M.
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