Why On Holding Stock Jumped This Week

A strong earnings report lifted shares of the running shoe company.Shares of On Holding (ONON 4.04%) were soaring this week after the fast-growing running shoe company posted better-than-expected results in its first-quarter earnings report.According to data from S&P Global Market Intelligence, the stock was up 24.9% for the week. On is outrunning the competitionIn a difficult environment for consumer discretionary goods like footwear and apparel, On continued to report strong growth and gain market share.R ...