Microchip Technology and onsemi Stocks Trade Down, What You Need To Know
Update: 2025-11-04
Description
📣 Attention all investors! The stock market took a hit on November 4th, with several stocks, including Microchip Technology and onsemi, experiencing significant drops. This comes as investors reassess stock prices following a period of robust growth. Financial leaders from Goldman Sachs and Morgan Stanley hint at a potential market correction in the next couple of years, emphasizing the importance of cooling periods in long-term growth. Despite recent fluctuations, onsemi's shares are down 21.3% since the start of the year, trading at $48.56, a notable decrease from its 52-week high of $73.93.
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