ON Semiconductor (ONNN) NewsBite - ONNN Downgraded By Morgan Stanley





ON Semiconductor (ONNN) was downgraded today by analysts at Morgan Stanley and the stock is now at $6.45, down $0.22 (-3.30%) on volume of 9,569,783 shares traded. The analysts downgraded the stock to Underweight from Equalweight. Over the last 52 weeks the stock has ranged from a low of $2.35 to a high of $9.12. ON Semiconductor stock has been showing support around $6.37 and resistance in the $6.93 range. Technical indicators for the stock are neutral and S&P gives ONNN a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on ONNN the stock seems like it could be a candidate for an April out-of-the-money bear-call credit spread above the 8 range. [ABR-Seven Summits Strategic Investments NewsBite]



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More News For ON Semiconductor (ONNN):

ON Semiconductor (ONNN) Showing Bullish Technicals With Resistance At $9.30

Friday, January 27, 2012... ON Semiconductor (NASDAQ:ONNN) closed Thursday's downbeat trading session at $8.67. In the past year, the stock has hit a 52-week low of $6.53 and......

http://www.marketintelligencecenter.com/analyfav/1330721

ON Semiconductor (ONNN) Trading Near $9.16 Resistance Level

Monday, January 23, 2012... ON Semiconductor Corp (NASDAQ: ONNN) closed Friday's trading session at $8.92. In the past year, the stock has hit a 52-week low of $6.53 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1329570

ON Semiconductor (ONNN) Trading Near $8.36 Resistance Level

Tuesday, January 17, 2012... ON Semiconductor Corp (NASDAQ: ONNN) closed Friday's trading session at $8.11. In the past year, the stock has hit a 52-week low of $6.53 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1328070

ON Semiconductor (ONNN) Up 7% in Heavy Put Buying

Thursday, October 27, 2011... ON Semiconductor (NASDAQ: ONNN) opened at $7.60. So far today, the stock has hit a low of $7.52 and a high of $7.89. ONNN is now trading at $7.86, up......

http://www.marketintelligencecenter.com/newsbites/1311348

ON Semiconductor (ONNN) Showing Bearish Technicals But Could Break Through $7.61 Resistance

Tuesday, August 30, 2011... ON Semiconductor (NASDAQ:ONNN) closed Monday's favorable trading session at $7.43. In the past year, the stock has hit a 52-week low of $6.07 and......

http://www.marketintelligencecenter.com/analyfav/1297787


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