Trefis Team, Contributor / Forbes.com Market News
Microchip Stock Has Returned 4x Since Late 2018. Here’s Why – Microchip Technology Inc. stock price jumped almost 4x from $18 in 2018 end, to $70 currently, primarily due to favorable changes in its P/S multiple. Additionally, the company witnessed a strong rise in revenue over this period, and revenue per share has increased, despite a substantial rise in…Microchip Technology Inc. …
