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Stock Market & Financial Investment News

News Breaks
February 8, 2013
09:52 EDTMCHPMicrochip gaps up, falls from opening price, levels to watch
The stock is up over 6.5% at time of writing, which is off the session high of $37.35 and now resistance. Support is at $35.89, a pivot from August of last year. The company beat expected results by 4 cents per share when it reported last night, and raised guidance for its Q4 EPS to a range of 45 cents to 49 cents versus consensus of 42 cents.
News For MCHP From The Last 14 Days
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August 27, 2015
05:53 EDTMCHPIC demand for notebooks picking up, DigiTimes reports
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August 26, 2015
08:45 EDTMCHPSemiconductor stock risk/reward positive, says Citi
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August 24, 2015
08:28 EDTMCHPMicrochip downgraded to Hold from Buy at Drexel Hamilton
Drexel Hamilton downgraded Microchip and lowered its price target to $40 from $48. The firm said reduced business confidence will likely result in continued weakness in orders and visibility

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