ON Semiconductor Corp. Stock Underperforms Monday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.ON Semiconductor Corp. (ON) shares fell 3.07% to $71.93 on Monday, underperforming competitors like NVIDIA, Broadcom, and Qualcomm during a mixed market session. This marks the stock's fifth consecutive day of losses, with prices now 46.69% below its 52-week high. Trading volume was lower than the 50-day average.
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Shares of ON Semiconductor Corp. (ON) slipped 3.07% to $71.93 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.26% to 53,417.16 and the S&P 500 Index falling 0.28% to 7,652.86.
This was the stock's fifth consecutive day of losses.
ON Semiconductor Corp. closed 46.69% below its 52-week high of $134.92, which the company reached on June 3rd.
The stock underperformed when compared to some of its competitors Monday, as NVIDIA Corp. (NVDA) fell 2.91% to $208.48, Broadcom Inc. (AVGO) fell 2.63% to $358.76, and Qualcomm Inc. (QCOM) fell 1.38% to $158.53.
Trading volume (8.0 M) remained 3.3 million below its 50-day average volume of 11.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 24, 2026.
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08-24-26 1659ET