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Stockreport

Wall Street pulls near its all-time high [Los Angeles Times (CA)]

Microchip Technology Incorporated (MCHP)  More Company Research Source: Los Angeles Times
Last microchip technology incorporated earnings: 2/4 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: microchip.com/investors
The S&P 500 gained 0.3% and pulled within 0.6% of its all-time high set in late October. The Dow Jones Industrial Average climbed 408 points, or 0.9%, and the Nasdaq composite added 0.2%. The biggest jump in the S&P 500 came from Microchip Technology, which leaped 12.2% after saying it expects sales and profit for the final months of the year to come in at the high end of the forecasted ranges it earlier gave. CEO Steve Sanghi said business is doing better than expected, and it's reducing inventory levels. Marvell Technology was another winner and rose 7.9% after the supplier of semiconductor products delivered a stronger profit for the latest quarter than analysts expected. CEO Matt Murphy credited demand for its data center products, while also announcing a purchase of Celestial AI to bolster its artificial-intelligence infrastructure business. The deal's price tag could top $3.25 billion. Stocks broadly got a lift from easing Treasury yields in the bond market. Yields fell a [Read more]
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Stockreport

Wall Street pulls near its all-time high [Los Angeles Times (CA)]

Microchip Technology Incorporated  (MCHP) 
More Company Research Source: Los Angeles Times
Last microchip technology incorporated earnings: 2/4 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: microchip.com/investors
The S&P 500 gained 0.3% and pulled within 0.6% of its all-time high set in late October. The Dow Jones Industrial Average climbed 408 points, or 0.9%, and the Nasdaq composite added 0.2%. The biggest jump in the S&P 500 came from Microchip Technology, which leaped 12.2% after saying it expects sales and profit for the final months of the year to come in at the high end of the forecasted ranges it earlier gave. CEO Steve Sanghi said business is doing better than expected, and it's reducing inventory levels. Marvell Technology was another winner and rose 7.9% after the supplier of semiconductor products delivered a stronger profit for the latest quarter than analysts expected. CEO Matt Murphy credited demand for its data center products, while also announcing a purchase of Celestial AI to bolster its artificial-intelligence infrastructure business. The deal's price tag could top $3.25 billion. Stocks broadly got a lift from easing Treasury yields in the bond market. Yields fell a [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MCHP
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS