Microchip Technology (SMCI.US) is the worst performer in the S&P 500 this year, going from "darling" to "dog"
Generated by AI AgentMarket Intel
Friday, Nov 1, 2024 7:10 pm ET1min read
MCHP--
Microchip Technology (SMCI.US), once a market darling that had soared nearly 300% since January 19, has now fallen from a high growth stock to the biggest loser in the S&P 500 this year after a 33% plunge on Wednesday, its worst day since September 2022.
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