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Microchip Technology's stock fluctuated as major investors traded shares amid missed earnings.
Microchip Technology's stock saw mixed activity, with TD Private Client Wealth LLC selling shares and Royal London Asset Management buying in.
Despite a market cap of $27.82 billion, the company missed earnings expectations, reporting $0.13 EPS compared to the $0.28 consensus.
Analysts predict 1.03 EPS for the year, with a "Moderate Buy" rating and a $74.37 target price.
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Las acciones de Microchip Technology fluctuaron a medida que los principales inversores cotizaban acciones en medio de ganancias perdidas.