Monolithic Power Systems Inc. Stock Slides 9.0%, Underperforms Peers
Dow Jones2026/10/22 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Monolithic Power Systems Inc. slid 9.0% to $1,167.93 on what proved to be an all-around rough trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 52,867.98 and the S&P 500 Index falling 1.2% to 7,663.43.
Monolithic Power Systems Inc. closed 31.9% below its 52-week high of $1,714.09, which the company achieved on May 26th.
The stock underperformed when compared to some of its peers, as Texas Instruments Inc. fell 1.8% to $279.50, Analog Devices Inc. fell 5.0% to $385.76, and NXP Semiconductors N.V. fell 1.89% to $237.79.
Trading volume totaled 1.5 million, compared to the 50-day average of 680,013.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 22, 2026 16:34 ET (20:34 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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