Microchip Technology Inc.
rose 0.11% to $ 155.49 on Wednesday in what turned out to be an all-round great trading session for the stock market on the S&P 500 index
rises 0.14% to 4,208.12 and the Dow Jones Industrial Average
0.07% increasing to 34,600.38. Microchip Technology Inc. closed $ 11.18 below its 52-week high ($ 166.67) the company hit on February 17.
The stock showed mixed performance on Wednesday compared to some of its competitors, such as Texas Instruments Inc.
rose 0.93% to $ 190.75, Analog Devices Inc.
rose 0.49% to $ 164.50 and STMicroelectronics NV
fell 0.88% to $ 37.11. The trading volume (1.4 million) remained 319,137 below its 50-day average volume of 1.7 million.