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Shares of ON Semiconductor Corp. rallied 5.03% to $91.06 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.89% to 7,509.20 and the Dow Jones Industrial Average rising 0.74% to 52,224.64.
The stock's rise snapped a four-day losing streak.
ON Semiconductor Corp. closed 32.51% below its 52-week high of $134.92, which the company reached on June 3rd.
The stock outperformed some of its competitors Tuesday, as NVIDIA Corp. rose 1.97% to $207.29, Broadcom Inc. rose 2.21% to $386.50, and Qualcomm Inc. rose 1.87% to $173.50.
Trading volume (7.5 M) remained 5.2 million below its 50-day average volume of 12.8 M.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
