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Shares of Microchip Technology Inc.
MCHP,
slipped 2.08% to $146.14 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
falling 0.19% to 4,391.34 and Dow Jones Industrial Average
DJIA,
falling 0.03% to 34,746.25. Microchip Technology Inc. closed $20.53 below its 52-week high ($166.67), which the company reached on February 17th.
The stock underperformed when compared to some of its competitors Friday, as Texas Instruments Inc.
TXN,
fell 0.04% to $195.24, Analog Devices Inc.
ADI,
rose 0.98% to $168.62, and STMicroelectronics N.V.
STM,
fell 1.66% to $41.40. Trading volume (2.3 M) eclipsed its 50-day average volume of 1.9 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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