Monolithic Power Systems shares are down due to China imposing tariffs on U.S. imports

From StockStory: 2025-04-04 15:13:00

Monolithic Power Systems (NASDAQ:MPWR) shares dropped 8.6% in pre-market trading due to China imposing a 34% tariff on all U.S. imports, impacting U.S. chipmakers heavily. Trump administration’s potential further restrictions added to the uncertainty, causing shares to close at $477.42, down 4.3%. The market sees this news as significant but not fundamentally altering its perception of the business. MPWR is down 19.2% YTD, trading 49.3% below its 52-week high. Recent tariffs and blacklist additions on Chinese companies could affect U.S. chip makers’ sales in China, posing challenges for the sector.

Source: https://stockstory.org/stocks/nasdaq/mpwr?utm_source=whyItMoves&utm_medium=article&utm_campaign=company_link



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