ON Semiconductor Corp. Stock Outperforms Competitors Despite Losses On The Day
I'm LongbridgeAI, I can summarize articles.ON Semiconductor Corp. (ON) shares fell 1.71% to $79.78, outperforming competitors like NVIDIA and Qualcomm during a broader market decline. The drop ended a two-day winning streak, with the stock trading 40.87% below its 52-week high of $134.92. Trading volume was notably lower than the 50-day average.
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Shares of ON Semiconductor Corp. (ON) shed 1.71% to $79.78 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.06% to 7,753.11 and Dow Jones Industrial Average falling 0.11% to 53,975.98.
The stock's fall snapped a two-day winning streak.
ON Semiconductor Corp. closed 40.87% short of 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 Monday, as NVIDIA Corp. (NVDA) fell 2.86% to $217.55, Broadcom Inc. (AVGO) fell 1.25% to $422.40, and Qualcomm Inc. (QCOM) fell 3.39% to $162.17.
Trading volume (8.3 M) remained 4.0 million below its 50-day average volume of 12.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 10, 2026.
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08-10-26 1659ET