shares of microchip technology inc mchp shed 655 to 6596 friday on what proved to be an allaround grim trading session for the stock market with the sp 500 index spx falling 337 to 405766 and dow jones industrial average djia falling 303 to 3228340 microchip technology inc closed 2404 below its 52week high 9000 which the company achieved on december 28th the stock underperformed when compared to some of its competitors friday as texas instruments inc txn fell 441 to 16949 analog devices inc adi fell 503 to 15867 and stmicroelectronics nv stm fell 539 to 3496 trading volume 56 m eclipsed its 50day average volume of 46 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