Should You Fold ON Semiconductor Stock After 43% Dip in 6 Months?

ON Semiconductor (ON) shares have lost 43% in the past 6 months, underperforming the Zacks Computer & Technology sector’s decline of 5.9% and the Semiconductor - Analog and Mixed industry’s fall of 24%.ON has underperformed industry peers, including Magnachip Semiconductor (MX) , NXP Semiconductors (NXPI) and Analog Devices (ADI) . Over the same time frame, shares of Magnachip Semiconductor, NXP Semiconductors and Analog Devices have lost 24.5%, 20.4% and 14.4%, respectively.The decline in ON Semiconductor' ...