Microchip Technology (MCHP) Advances But Underperforms Market: Key Facts

Microchip Technology (MCHP) closed the latest trading day at $85.44, indicating a +0.12% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 0.57%. On the other hand, the Dow registered a gain of 0.46%, and the technology-centric Nasdaq increased by 0.75%.Shares of the chipmaker have depreciated by 4.36% over the course of the past month, underperforming the Computer and Technology sector's gain of 1.51% and the S&P 500's gain of 3.4%.Investors will be eage ...