ON Semiconductor Corp. Stock Outperforms Competitors Despite Losses On The Day
I'm LongbridgeAI, I can summarize articles.ON Semiconductor Corp. (ON) shares fell 2.93% to $72.61, snapping a three-day winning streak during a broader market decline. Despite the drop, ON outperformed competitors like NVIDIA and Broadcom. The stock remains 46.18% below its 52-week high of $134.92. Trading volume was lower than the 50-day average.
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Shares of ON Semiconductor Corp. (ON) slid 2.93% to $72.61 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.25% to 7,711.76 and Dow Jones Industrial Average falling 0.02% to 53,559.99.
The stock's fall snapped a three-day winning streak.
ON Semiconductor Corp. closed 46.18% short of its 52-week high of $134.92, which the company reached on June 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as NVIDIA Corp. (NVDA) fell 4.57% to $217.55, Broadcom Inc. (AVGO) fell 0.74% to $368.79, and Qualcomm Inc. (QCOM) fell 0.36% to $164.19.
Trading volume (6.8 M) remained 4.2 million below its 50-day average volume of 11.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 28, 2026.
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08-28-26 1659ET