Monolithic Power Systems Inc. Stock Falls 4.2%, Underperforms Peers
Dow Jones2026/08/28 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Monolithic Power Systems Inc. slid 4.2% to $1,256.26 on what proved to be an all-around poor trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 53,559.99 and the S&P 500 Index falling 0.2% to 7,711.76.
Monolithic Power Systems Inc. closed 26.7% short of 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 3.0% to $258.64, Analog Devices Inc. fell 3.4% to $361.78, and NXP Semiconductors N.V. fell 1.01% to $223.58.
Trading volume totaled 668,633, compared to the 50-day average of 952,462.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 28, 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.
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