This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of ON Semiconductor Corp. shed 5.9% to $71.65 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.5% to 7,619.98 and Dow Jones Industrial Average falling 0.3% to 52,421.20.
ON Semiconductor Corp. closed 46.9% short of its 52-week high of $134.92, which the company reached on June 3rd.
The stock underperformed when compared to some of its peers, as NVIDIA Corp. fell 3.4% to $210.96, Broadcom Inc. fell 4.8% to $344.72, and Qualcomm Inc. fell 1.00% to $180.15.
Trading volume totaled 12.1 million, compared to the 50-day average of 9.2 million.
Data source: Dow Jones Market Data, FactSet