ON Semiconductor Corporation is trading 4.5% down at $112.97 following the Federal Reserve’s latest policy decision and broad weakness in the technology sector.
- The decline extends a period of high volatility for the stock, which has seen sharp price swings in both directions over the past week.
- There is no fresh company-specific news or analyst rating actions today; the move is driven by cautious macroeconomic sentiment.
- Major indices and technology shares are seeing similar downward pressure as investors digest the Fed's latest stance.