Microchip Technology Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Microchip Technology Inc. (MCHP) fell 1.34% to $65.35 on Tuesday, underperforming the broader market and some competitors. The S&P 500 Index rose 0.46% and the Dow Jones Industrial Average rose 0.16%. The stock ended a three-day winning streak and is 15.35% below its 52-week high. Trading volume was significantly below the 50-day average.
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