Monolithic Power Systems Shares Surge on Industrial Growth

Monolithic Power Systems shares surged today due to robust revenue growth and a bullish outlook from analysts. The industrial segment, a key driver of this growth, saw over 18% quarterly and 25% year-over-year increases. Analysts strong Buy ratings and the stocks impressive year-to-date performance have attracted investors, despite its volatility. The stock closed up over 2.5%, still below its 52-week high, but offering a substantial return for long-term holders.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.