shares of microchip technology inc mchp slipped 387 to 6514 monday on what proved to be an allaround grim trading session for the stock market with the sp 500 index spx falling 295 to 420109 and dow jones industrial average djia falling 237 to 3281738 this was the stocks third consecutive day of losses microchip technology inc closed 2486 below its 52week high 9000 which the company achieved on december 28th the stock demonstrated a mixed performance when compared to some of its competitors monday as texas instruments inc txn fell 299 to 16489 analog devices inc adi fell 674 to 14628 and stmicroelectronics nv stm fell 524 to 3566 trading volume 67 m eclipsed its 50day average volume of 48 m editors note this story was autogenerated by automated insights an automation technology provider using data from dow jones and factset see our market data terms of use