ON reported Q3 beats and upside revenue guidance late last month. Shares took a hit today as Apple suppliers slid following Lumentum’s guidance cut.
ON shares closed today down 5.9% to $16.83.
Previously: Apple suppliers drop on Lumentum guide, iPhone target cuts (Nov. 12)
Previously: ON Semiconductor +11% on Q3 beats, upside revenue guide (Oct. 29)
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