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Published: May 25, 2023 at 5:09 p.m. ET
Shares of Microchip Technology Inc. MCHP inched 0.71% higher to $74.14 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.88% to 4,151.28 and the Dow Jones Industrial Average DJIA falling 0.11% to 32,764.65.
The stock’s rise snapped a two-day losing streak.
Microchip…
Shares of Microchip Technology Inc.
MCHP
inched 0.71% higher to $74.14 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
SPX
rising 0.88% to 4,151.28 and the Dow Jones Industrial Average
DJIA
falling 0.11% to 32,764.65.
The stock’s rise snapped a two-day losing streak.
Microchip Technology Inc. closed $13.62 below its 52-week high ($87.76), which the company achieved on February 3rd.
Trading volume (7.5 M) eclipsed its 50-day average volume of 4.7 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.
