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Monolithic Power Systems (MPWR) Is Up Sharply After Q4 Report

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Monolithic Power Systems (MPWR) reported fourth quarter non-GAAP net income of $0.15 per share after the bell Thursday, compared to $0.18 per share in the prior year.

Shares of Monolithic Power Systems have been rising sharply since the open Friday and are currently higher by 2.13 at $18.40 on above average volume. The stock has climbed above a 3-week range and has set a 9-month high.

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