DJ ON Semiconductor Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of ON Semiconductor Corp. $(ON)$ shed 3.03% to $54.05 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.71% to 6,013.13 and Dow Jones Industrial Average falling 1.69% to 43,428.02.
The stock's fall snapped a seven-day winning streak.
ON Semiconductor Corp. closed 36.53% short of its 52-week high of $85.16, which the company reached on March 7th.
Despite its losses, the stock outperformed some of its competitors Friday, as NVIDIA Corp. $(NVDA)$ fell 4.05% to $134.43, Broadcom Inc. $(AVGO)$ fell 3.56% to $218.66, and Qualcomm Inc. $(QCOM)$ fell 4.76% to $165.43.
Trading volume (10.5 M) eclipsed its 50-day average volume of 8.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 21, 2025.
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(END) Dow Jones Newswires
February 21, 2025 17:05 ET (22:05 GMT)
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