DJ ON Semiconductor Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of ON Semiconductor Corp. $(ON)$ shed 0.20% to $64.80 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.
This was the stock's second consecutive day of losses.
ON Semiconductor Corp. closed $21.30 below its 52-week high ($86.10), which the company achieved on December 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as NVIDIA Corp. $(NVDA)$ rose 1.37% to $130.68, Broadcom Inc. $(AVGO)$ fell 2.37% to $218.32, and Qualcomm Inc. $(QCOM)$ fell 1.73% to $150.40.
Trading volume (6.2 M) remained 409,757 below its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 17:06 ET (22:06 GMT)
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