Microchip (MCHP) stock price pulls back — what investors watch before Monday and into Feb. 5
Microchip Technology shares closed Friday down 1% at $74.71, with 7.5 million shares traded. The stock sits about 6% below its 52-week high after the company projected stronger-than-expected Q3 sales. Investors await Microchip’s earnings call on Feb. 5 and competitor results from Texas Instruments and NXP in the coming days.