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Shares of Microchip Technology Inc.
MCHP,
inched 0.80% higher to $75.80 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
rising 0.47% to 4,566.48 and the Dow Jones Industrial Average
DJIA,
rising 0.18% to 35,741.15. Microchip Technology Inc. closed $7.54 below its 52-week high ($83.34), which the company reached on February 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Texas Instruments Inc.
TXN,
rose 0.57% to $200.20, Analog Devices Inc.
ADI,
rose 1.18% to $180.52, and STMicroelectronics N.V.
STM,
rose 1.39% to $44.51. Trading volume (2.1 M) remained 1.6 million below its 50-day average volume of 3.7 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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