NXP Semiconductors (NXPI) Stock Sinks As Market Gains: Here's Why

NXP Semiconductors (NXPI) closed the most recent trading day at $221.69, moving -1% from the previous trading session. This move lagged the S&P 500's daily gain of 0.08%. On the other hand, the Dow registered a loss of 0.26%, and the technology-centric Nasdaq increased by 0.36%.Coming into today, shares of the chipmaker had lost 3.46% in the past month. In that same time, the Computer and Technology sector gained 4.29%, while the S&P 500 gained 2.4%.Market participants will be closely following the financia ...