---
title: "ON Semiconductor Corp. Stock Underperforms Thursday When Compared To Competitors"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293666821.md"
description: "ON Semiconductor Corp. (ON) shares fell 2.38% to $90.13 on Thursday, underperforming the broader market and snapping a two-day winning streak. The decline occurred amid a dismal trading session where the S&P 500 dropped 1.21% and the Dow Jones Industrial Average fell 0.97%. ON closed 33.20% below its 52-week high of $134.92 set in June. While competitors like NVIDIA, Broadcom, and Qualcomm also declined, ON's drop was more pronounced."
datetime: "2026-07-23T20:55:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293666821.md)
  - [en](https://longbridge.com/en/news/293666821.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293666821.md)
generator: "portal-rs"
---

# ON Semiconductor Corp. Stock Underperforms Thursday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of ON Semiconductor Corp. (ON) shed 2.38% to $90.13 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.21% to 7,408.30 and Dow Jones Industrial Average falling 0.97% to 51,711.65.

The stock's fall snapped a two-day winning streak.

ON Semiconductor Corp. closed 33.20% below its 52-week high of $134.92, which the company achieved on June 3rd.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as NVIDIA Corp. (NVDA) fell 1.56% to $208.76, Broadcom Inc. (AVGO) fell 1.09% to $392.47, and Qualcomm Inc. (QCOM) fell 2.57% to $171.11.

Data source: Dow Jones Market Data, FactSet. Data compiled July 23, 2026.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

07-23-26 1655ET

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**