Yahoo Finance ON Semiconductor (ON) Jumps: Stock Rises 8.8%
ON Semiconductor Corporation ON was a big mover last session, as the company saw its shares jumped nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is down 13.7% in the past one-month time frame.
The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
ON Semiconductor currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
ON Semiconductor Corporation Price
ON Semiconductor Corporation Price | ON Semiconductor Corporation Quote
Investors interested in the Computer and Technology sector may consider Intel Corporation INTC, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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