ON Semiconductor Corp. Stock Underperforms Wednesday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.ON Semiconductor Corp. (ON) shares fell 1.27% to $92.54 on Wednesday, underperforming the broader market and key competitors like NVIDIA and Broadcom during a positive trading session. The stock remains 31.41% below its 52-week high of $134.92 set in June. Trading volume was lower than the 50-day average.
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Shares of ON Semiconductor Corp. (ON) slid 1.27% to $92.54 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.38% to 7,572.40 and the Dow Jones Industrial Average rising 0.29% to 52,658.64.
ON Semiconductor Corp. closed 31.41% short of its 52-week high of $134.92, which the company achieved on June 3rd.
The stock underperformed when compared to some of its competitors Wednesday, as NVIDIA Corp. (NVDA) rose 0.33% to $212.50, Broadcom Inc. (AVGO) rose 1.33% to $394.28, and Qualcomm Inc. (QCOM) fell 0.07% to $177.98.
Trading volume (11.4 M) remained 2.1 million below its 50-day average volume of 13.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 15, 2026.
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07-15-26 1654ET