Microchip Technology shares are trading lower after the company reported Q1 FY24 results.
Portfolio Pulse from Benzinga Newsdesk
Microchip Technology reported its Q1 FY24 results, following which its shares traded lower.
August 04, 2023 | 2:53 pm
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NEGATIVE IMPACT
Microchip Technology's shares traded lower after the company announced its Q1 FY24 results.
The company's shares are trading lower, which indicates that the market may have reacted negatively to the Q1 FY24 results. This could be due to lower than expected earnings, or other factors not specified in the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100