ON Semiconductor Corp. Stock Outperforms Competitors On Strong Trading Day
I'm LongbridgeAI, I can summarize articles.ON Semiconductor Corp. (ON) shares rose 6.19% to $83.74, outperforming competitors like NVIDIA and Broadcom on a favorable trading day. This gain ended a two-day losing streak. The stock remains 37.93% below its 52-week high of $134.92 set in June. Trading volume was slightly below the 50-day average.
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Shares of ON Semiconductor Corp. (ON) advanced 6.19% to $83.74 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.66% to 7,437.63 and the Dow Jones Industrial Average rising 1.19% to 52,208.06.
The stock's rise snapped a two-day losing streak.
ON Semiconductor Corp. closed 37.93% short of its 52-week high of $134.92, which the company achieved on June 3rd.
The stock outperformed some of its competitors Thursday, as NVIDIA Corp. (NVDA) rose 2.65% to $195.04, Broadcom Inc. (AVGO) rose 4.73% to $387.84, and Qualcomm Inc. (QCOM) fell 2.62% to $151.60.
Trading volume (10.3 M) remained 1.8 million below its 50-day average volume of 12.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 30, 2026.
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07-30-26 1659ET