Monolithic Power Systems stock (MPWR) slips after eight-day streak — what traders watch next week
Monolithic Power Systems shares fell 1.2% to $1,063.74 Friday, ending an eight-day rally as chip stocks slid after Intel’s weak forecast. The stock closed 5.3% below its October high. Investors await major tech earnings and a Federal Reserve decision next week, with MPWR’s results due February 5.