ON Semiconductor Corp. Stock Underperforms Thursday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.ON Semiconductor Corp. (ON) shares fell 2.11% to $81.56 on Thursday, underperforming the broader market and key competitors like NVIDIA, Broadcom, and Qualcomm, which all posted gains. This decline ended a two-day winning streak for ON Semiconductor. The stock remains 39.55% 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) slipped 2.11% to $81.56 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.65% to 7,798.99 and the Dow Jones Industrial Average rising 0.13% to 53,839.99.
The stock's fall snapped a two-day winning streak.
ON Semiconductor Corp. closed 39.55% short of its 52-week high of $134.92, which the company reached on June 3rd.
The stock underperformed when compared to some of its competitors Thursday, as NVIDIA Corp. (NVDA) rose 0.54% to $225.30, Broadcom Inc. (AVGO) rose 0.43% to $417.82, and Qualcomm Inc. (QCOM) rose 1.05% to $164.79.
Trading volume (5.8 M) remained 6.5 million below its 50-day average volume of 12.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 13, 2026.
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08-13-26 1658ET