ON Semiconductor Corp. stock outperforms competitors despite losses on the day

ON Semiconductor Corp. (ON) shares fell by 1.71% on Monday, closing at $79.78, despite the broader market also experiencing losses with the S&P 500 Index and Dow Jones Industrial Average slightly down. This drop ended a two-day winning streak for the company's stock. The article highlights that ON Semiconductor still outperformed competitors despite its own daily losses.