Monolithic Power Systems Inc. Stock Sheds 5.7%, Underperforms Peers
Dow Jones2026/08/03 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Monolithic Power Systems Inc. slid 5.7% to $1,344.37 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.5% to 7,600.50 and the Dow Jones Industrial Average rising 1.3% to 53,178.41.
The stock's fall snapped a two-day winning streak.
Monolithic Power Systems Inc. closed 21.6% below its 52-week high of $1,714.09, which the company reached on May 26th.
The stock underperformed when compared to some of its peers, as Texas Instruments Inc. fell 2.4% to $269.04, Analog Devices Inc. fell 1.5% to $361.88, and NXP Semiconductors N.V. fell 2.18% to $224.17.
Trading volume totaled 1.2 million, compared to the 50-day average of 1.0 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 03, 2026 16:35 ET (20:35 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto prices
More
