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Why Microchip Technology (MCHP) Shares Are Getting Obliterated Today
What Happened? Shares of analog chipmaker Microchip Technology (NASDAQ:MCHP) fell 7% in the morning session after the company ...
Microchip shares tumble as earnings miss Wall Street expectations
The Chandler semiconductor company said it is continuing working through issues to reduce its inventory surplus.
Why Microchip would rather borrow money to pay its high dividend than cut it
Excluding nonrecurring items, such as restructuring costs and the effects of share-based compensation, adjusted earning per share of 20 cents missed the FactSet consensus of 27 cents. The margin of ...
Monolithic Power Systems Shares Rise 6% After 4Q Results Beat Estimates
Shares of Monolithic Power Systems on Friday rose a day after the company logged higher-than-expected adjusted earnings and revenue for the fourth quarter. The stock was up 6% to $700.61. Shares have ...
Microchip price target lowered to $58 from $72 at Mizuho
Mizuho lowered the firm’s price target on Microchip (MCHP) to $58 from $72 and keeps an Outperform rating on the shares. The firm sees ...
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Microchip Stock On Track To Hit 4-Year Low After Q3 Earnings Miss, Weak Guidance: Retail Stays Bullish
Microchip Technology Inc. (MCHP) stock dropped nearly 6.5% in pre-market trading on Friday after the semiconductor company ...
Microchip Technology Stock Down On Q3 Loss, Q4 Loss Outlook; Lifts Dividend
Shares of semiconductor Microchip Technology Inc. (MCHP) declined 6.9% in the extended trading on Thursday and are currently down ...