Volume spike today on ON Semiconductor Corp.
Shares of ONNN surged today more 4% to 7.82$ with higher-than-normal volume. The chip maker ON Semiconductor Corp. announced today that has priced an offering of $440 million in convertible senior subordinated notes. This run up (December) was great however it's very strained now and it's trading in Overbought conditions so a pull back in this stock is expected.
Stock to watch tomorrow : ADCT , MATK , MBT
Trade Alerts : AMED , CMTL , CVTX , EPIQ , HUMC
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
That's All. Have a nice evening !!!
AC
Labels: ONNN
