On Holding
$ONON · NYSE · CONSUMER CYCLICAL · 2 stories in 30 daysThe wire on $ONON
newest first · duplicate source posts collapse into one event · direct subject stories onlyOn Holding shares drop 21% on Q2 revenue miss, weak wholesale outlook
On Holding (ONON) shares plunged 21% in their worst day on record, reaching a new 52-week low. The sell-off came after the company reported Q2 revenue that missed estimates and issued a softer second-half outlook, with investors focused on weakening US wholesale demand. The exact revenue and guidance figures have not yet been released in detail.
bearish 20 · impact 70Upgrades and downgrades: AVAL, ENTG, IEX, ISRG, JOYY, MRK, OKTA up; APGE, ATAI, CRDF, GAP, LEGN, NVO, ONON, TME down
Upgrades and downgrades: AVAL, ENTG, IEX, ISRG, JOYY, MRK, OKTA up; APGE, ATAI, CRDF, GAP, LEGN, NVO, ONON, TME down.
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