This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of ON Semiconductor Corp. shed 4.4% to $82.51 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.2% to 7,801.77 and Dow Jones Industrial Average falling 0.7% to 51,179.87.
The stock's fall snapped a six-day winning streak.
ON Semiconductor Corp. closed 38.8% short of 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. fell 0.7% to $237.47, Broadcom Inc. rose 0.2% to $376.51, and Qualcomm Inc. fell 2.16% to $177.12.
Trading volume totaled 13.0 million, compared to the 50-day average of 10.3 million.
Data source: Dow Jones Market Data, FactSet