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Stock impact report

United Airlines, Microchip Technology lead the stocks posting 20%-plus reversals on Trump tariff pause [CNBC]

Microchip Technology Incorporated (MCHP) 
Last microchip technology incorporated earnings: 2/4 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: microchip.com/investors
Company Research Source: CNBC
and were among the stocks showing the largest intraday reversals in their share prices in Wednesday afternoon's furious rally following President Donald Trump's In afternoon trading, the Atlanta-based airline and the semiconductor manufacturer soared 26.9% and 26.8%, respectively, from the session lows seen earlier in the day. The moves came alongside a roaring rally in stocks after Trump to 10% for 90 days, while raising those imposed on Chinese imports to 125%, “effective immediately.” Stocks with the largest percentage reversals Wednesday Source: FactSet United Air, Microchip and others would suffer under a global trade war that dampened consumer confidence and curtailed spending. Delta Air Lines recently for the full year, citing uncertainty caused by higher U.S. tariffs on imports. Microchip Technology and rivals such as , which soared 21.8% from its lows of the day, have despite semiconductors being excluded from the tariff increases, hurt by concern that the econom Show less Read more
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