ON Semiconductor Corp. Stock Advances 8.2%, Outperforms Peers

Dow Jones06-23

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of ON Semiconductor Corp. advanced 8.2% to $131.55 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.3% to 51,712.71 and the S&P 500 Index falling 0.4% to 7,472.79.

This was the stock's second consecutive day of gains.

ON Semiconductor Corp. closed 2.5% below its 52-week high of $134.92, which the company reached on June 3rd.

The stock outperformed some of its peers, as NVIDIA Corp. fell 1.0% to $208.65, Broadcom Inc. fell 4.5% to $392.13, and Qualcomm Inc. fell 1.86% to $221.90.

Trading volume totaled 11.8 million, compared to the 50-day average of 12.4 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 22, 2026 16:32 ET (20:32 GMT)

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