On Semiconductor Corp. Stock Sheds 4.8%, Underperforms Peers

Dow Jones04:35

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

Shares of ON Semiconductor Corp. slid 4.8% to $76.91 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.5% to 54,349.12 and the S&P 500 Index falling 0.2% to 7,723.55.

ON Semiconductor Corp. closed 43.0% below its 52-week high of $134.92, which the company achieved on June 3rd.

The stock underperformed when compared to some of its peers, as NVIDIA Corp. rose 3.4% to $219.22, Broadcom Inc. remained unchanged, and Qualcomm Inc. fell 3.16% to $157.53.

Trading volume totaled 17.3 million, compared to the 50-day average of 12.5 million.

Data source: Dow Jones Market Data, FactSet

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