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Why Monolithic Power Systems Powered Up an 8% Gain This Week

Eric Volkman, The Motley Fool
·2-min read
Why Monolithic Power Systems Powered Up an 8% Gain This Week

Monolithic Power Systems (NASDAQ: MPWR) was quite an electric stock on the exchange this week. According to data from S&P Global Market Intelligence, its share price zoomed nearly 8% higher; this was due to quarterly earnings that the market found quite heartening -- not to mention an increased shareholder payout.

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