ON Semiconductor Stock Shows Poor Performance Compared to the S&P 500

Reported about 13 hours ago

ON Semiconductor Corporation has faced significant stock declines, falling 35.6% from its recent high and 30.6% over the past year, underperforming the S&P 500's gains. Despite a large market cap and being a key player in energy-efficient semiconductor technologies, the company reported a mixed earnings report, leading to further dips in stock value. However, analysts maintain a 'Moderate Buy' rating with a positive price target, suggesting some optimism for future recovery.

Source: YAHOO

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