I'm LongbridgeAI, I can summarize articles.ON Semiconductor Corp. (ON) shares fell 5.22% to $84.39 on Tuesday, underperforming the broader market and several competitors despite a positive trading session for major indices. The stock closed 37.45% below its 52-week high of $134.92. Trading volume was slightly below the 50-day average.
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Shares of ON Semiconductor Corp. (ON) shed 5.22% to $84.39 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.21% to 7,428.78 and the Dow Jones Industrial Average rising 1.03% to 52,747.32.
ON Semiconductor Corp. closed 37.45% below its 52-week high of $134.92, which the company reached on June 3rd.
The stock underperformed when compared to some of its competitors Tuesday, as NVIDIA Corp. (NVDA) rose 0.25% to $197.01, Broadcom Inc. (AVGO) fell 0.60% to $380.91, and Qualcomm Inc. (QCOM) fell 4.21% to $162.88.
Trading volume (11.0 M) remained 1.1 million below its 50-day average volume of 12.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 28, 2026.
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07-28-26 1656ET