Why On Holding (ONON) Outpaced the Stock Market Today

In the latest trading session, On Holding (ONON) closed at $42.57, marking a +1.12% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.37%. Elsewhere, the Dow saw a downswing of 0.14%, while the tech-heavy Nasdaq appreciated by 0.71%. Shares of the running-shoe and apparel company witnessed a loss of 7.51% over the previous month, trailing the performance of the Retail-Wholesale sector with its gain of 0.38%, and the S&P 500's gain of 4.26%.The investment comm ...