ON Semiconductor Corp. Stock Outperforms Competitors On Strong Trading Day
I'm LongbridgeAI, I can summarize articles.ON Semiconductor Corp. (ON) stock rose 1.67% to $81.11, outperforming competitors like NVIDIA and Broadcom during a broader market decline on August 11, 2026. While the S&P 500 and Dow Jones fell, ON's shares gained despite trading volume being below its 50-day average. The stock remains significantly below its 52-week high of $134.92.
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Shares of ON Semiconductor Corp. (ON) rose 1.67% to $81.11 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.32% to 7,728.20 and Dow Jones Industrial Average falling 0.34% to 53,791.85.
ON Semiconductor Corp. closed 39.88% short of its 52-week high of $134.92, which the company reached on June 3rd.
The stock outperformed some of its competitors Tuesday, as NVIDIA Corp. (NVDA) fell 0.02% to $217.50, Broadcom Inc. (AVGO) fell 1.50% to $416.08, and Qualcomm Inc. (QCOM) rose 0.31% to $162.68.
Trading volume (5.6 M) remained 6.8 million below its 50-day average volume of 12.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 11, 2026.
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08-11-26 1659ET