shares of microchip technology inc mchp slipped 430 to 6517 tuesday on what proved to be an allaround dismal trading session for the stock market with the sp 500 index spx falling 281 to 417520 and dow jones industrial average djia falling 238 to 3324018 microchip technology inc closed 2483 below its 52week high 9000 which the company achieved on december 28th the stock underperformed when compared to some of its competitors tuesday as texas instruments inc txn fell 315 to 16844 analog devices inc adi fell 384 to 15281 and stmicroelectronics nv stm fell 399 to 3678 trading volume 50 m remained 169363 below its 50day average volume of 52 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