Maxim Integrated Products Inc. stock rises Monday, outperforms market


Shares of Maxim Integrated Products Inc.
MXIM
advanced 4.90% to $106.63 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+0.88%
rising 0.85% to 4,479.53 and the Dow Jones Industrial Average
DJIA,
+0.69%
rising 0.61% to 35,335.71. Maxim Integrated Products Inc. hit a new 52-week high, surpassing its previous peak of $105.49, which the company reached on June 30th.

The stock outperformed some of its competitors Monday, as Texas Instruments Inc.
TXN,
+1.36%
rose 1.56% to $187.85, Analog Devices Inc.
ADI,
-0.53%
rose 1.79% to $169.63, and Microchip Technology Inc.
MCHP,
+2.21%
rose 2.10% to $147.88. Trading volume (13.5 M) eclipsed its 50-day average volume of 2.2 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.


View more information: https://www.marketwatch.com/story/maxim-integrated-products-inc-stock-rises-monday-outperforms-market-01629753027-4fd69b6a8f55

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