ON Semiconductor Corp. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
I'm LongbridgeAI, I can summarize articles.ON Semiconductor Corp. shares rose 2.16% to $74.80 on Thursday, marking its third consecutive day of gains. Despite this daily increase, the stock underperformed compared to competitors like NVIDIA, Broadcom, and Qualcomm, which saw larger percentage increases. ON Semiconductor remains 44.56% below its 52-week high of $134.92 reached in June.
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of ON Semiconductor Corp. (ON) rose 2.16% to $74.80 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.72% to 7,730.99 and the Dow Jones Industrial Average rising 0.20% to 53,569.44.
This was the stock's third consecutive day of gains.
ON Semiconductor Corp. closed 44.56% 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) rose 8.74% to $227.98, Broadcom Inc. (AVGO) rose 4.49% to $371.54, and Qualcomm Inc. (QCOM) rose 0.65% to $164.78.
Data source: Dow Jones Market Data, FactSet. Data compiled August 27, 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
08-27-26 1700ET