[ad_1]
Shares of Microchip Technology Inc.
MCHP,
inched 0.41% higher to $72.78 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
rising 0.75% to 4,471.37 and the Dow Jones Industrial Average
DJIA,
rising 1.09% to 35,294.76. This was the stock’s second consecutive day of gains. Microchip Technology Inc. closed $10.56 below its 52-week high ($83.34), which the company achieved on February 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Texas Instruments Inc.
TXN,
rose 1.02% to $194.45, Analog Devices Inc.
ADI,
rose 2.28% to $172.04, and STMicroelectronics N.V.
STM,
rose 0.09% to $42.52. Trading volume (2.8 M) remained 970,311 below its 50-day average volume of 3.8 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.
[ad_2]
Source link