Why NXP Semiconductors (NXPI) Dipped More Than Broader Market Today

NXP Semiconductors (NXPI) ended the recent trading session at $233.50, demonstrating a -2.72% change from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily loss of 0.13%. Elsewhere, the Dow gained 0.11%, while the tech-heavy Nasdaq lost 0.72%. Heading into today, shares of the chipmaker had gained 10.58% over the past month, outpacing the Computer and Technology sector's gain of 1.88% and the S&P 500's gain of 0.78%.Investors will be eagerly watching for the performa ...