shares of microchip technology inc mchp sank 040 to 6712 thursday on what proved to be an allaround grim trading session for the stock market with the sp 500 index spx falling 102 to 374452 and dow jones industrial average djia falling 115 to 2992694 the stocks fall snapped a threeday winning streak microchip technology inc closed 2288 short of its 52week high 9000 which the company achieved on december 28th despite its losses the stock outperformed some of its competitors thursday as texas instruments inc txn fell 075 to 16654 analog devices inc adi fell 061 to 15097 and stmicroelectronics nv stm fell 095 to 3449true trading volume 32 m remained 14 million below 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