Reported 2 days ago
ON Semiconductor Corporation is facing a troubling market situation, with insiders and short sellers selling off shares aggressively. As uncertainty looms over the U.S. stock market due to geopolitical factors and changing economic conditions, insiders are reportedly selling more than they buy, indicating caution about the company's future performance. ON's revenue is projected to decline by 25% in 2025, prompting concerns among insiders and investors, as the company ranks 16th in a list of large-cap stocks being abandoned by insiders and short sellers.
Source: YAHOO