Microchip Technology (MCHP) Joins Russell Growth Indexes After Earnings Beat
- Posted on July 1, 2026
- By Google News
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- 1 min read
Microchip Technology (MCHP) Joins Russell Growth Indexes After Earnings Beat
Microchip Technology (NasdaqGS:MCHP) has been reclassified from Value to Growth across the Russell 1000, 3000, and Midcap indexes.
The shift will take effect with Russell index changes on June 27.
This follows a quarterly update where the company reported revenue and EPS that were ahead of analyst expectations.
For investors tracking Microchip Technology, the move into Growth benchmarks comes with the stock trading around $88.69 and showing a gain of 36.4% year to date and 24.5% over the...
