Monolithic Power Systems Inc Stock Volume Drops 38.07% Ranking 256th in Market Activity

On June 11, 2025, Monolithic Power Systems Inc (MPWR) experienced a significant decline, with its trading volume dropping by 38.07% to 4.07 billion, ranking 256th in the day's stock market activity. The stock price fell by 1.50%.

On June 10, 2025, Monolithic Power Systems Inc (MPWR) saw a notable increase in its stock price, reaching an intraday high of $735.01 before closing at a higher level. This surge in stock price was driven by positive market sentiment and investor confidence in the company's performance.

TD Cowen, a prominent investment firm, recently raised its target price for Monolithic Power Systems Inc (MPWR) from $600.00 to $675.00. This adjustment reflects the firm's bullish outlook on the company's future prospects and its potential for growth. The firm maintained its 'Buy' rating on the stock, indicating that it believes the stock is undervalued and has the potential for significant appreciation in the near future.