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ON Semiconductor Gains 8% on S&P 500 Addition -Breaking

by Mike Robinson

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© Reuters. ON Semiconductor (ON) Gains 8% on S&P 500 Addition

ON Semiconductor After being included to the, Corporation (NASDAQ) gains 8% Monday in pre-open trades

ON will take its place IPG Photonics Corp. (NASDAQ:) in the S&P 500.

This change will become effective before trading opens on Tuesday, Juni 21st (post-close on Friday June 17th) in order to match the quarterly rebalance.

ON Semiconductor, a semiconductor company, focuses on the automotive and industrial markets.

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