ON Semiconductor Corp. Stock Underperforms Thursday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.ON Semiconductor Corp. (ON) shares fell 2.44% to $74.71 on Thursday, underperforming competitors like NVIDIA and Broadcom during a broad market decline. This marks the third consecutive day of losses for ON, which is now 44.63% below its 52-week high. Trading volume was notably lower than the 50-day average.
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Shares of ON Semiconductor Corp. (ON) shed 2.44% to $74.71 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.87% to 7,641.16 and Dow Jones Industrial Average falling 1.32% to 52,759.21.
This was the stock's third consecutive day of losses.
ON Semiconductor Corp. closed 44.63% below its 52-week high of $134.92, which the company achieved on June 3rd.
The stock underperformed when compared to some of its competitors Thursday, as NVIDIA Corp. (NVDA) fell 0.33% to $216.85, Broadcom Inc. (AVGO) rose 0.43% to $364.03, and Qualcomm Inc. (QCOM) fell 0.72% to $160.74.
Trading volume (5.8 M) remained 6.0 million below its 50-day average volume of 11.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 20, 2026.
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08-20-26 1658ET