Monolithic Power Systems Inc. Stock Sheds 4.4%, Underperforms Peers
Dow Jones2026/08/13 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Monolithic Power Systems Inc. shed 4.4% to $1,362.55 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,798.99 and the Dow Jones Industrial Average rising 0.1% to 53,839.99.
The stock's fall snapped a two-day winning streak.
Monolithic Power Systems Inc. closed 20.5% 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 1.1% to $273.43, Analog Devices Inc. fell 0.8% to $381.17, and NXP Semiconductors N.V. fell 0.64% to $231.91.
Trading volume totaled 505,138, compared to the 50-day average of 1.0 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 13, 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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