DJ ON Semiconductor Corp. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of ON Semiconductor Corp. $(ON)$ rose 1.72% to $50.92 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.04% to 6,115.07 and the Dow Jones Industrial Average rising 0.77% to 44,711.43.
This was the stock's third consecutive day of gains.
ON Semiconductor Corp. closed 40.21% short of its 52-week high of $85.16, which the company achieved on March 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as NVIDIA Corp. $(NVDA)$ rose 3.16% to $135.29, Broadcom Inc. $(AVGO)$ fell 0.23% to $235.80, and Qualcomm Inc. $(QCOM)$ rose 1.09% to $172.15.
Trading volume (7.4 M) remained 843,677 below its 50-day average volume of 8.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 13, 2025.
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February 13, 2025 17:07 ET (22:07 GMT)
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