Shares of On Semiconductor fall 20% as fourth-quarter guidance disappoints Wall Street

Shares of On Semiconductor fall 20% as fourth-quarter guidance disappoints Wall Street

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Shares of ON Semiconductor tumbled 20% Monday after the company's third-quarter report beat expectations but offered weak guidance for the rest of the year. ON Semiconductor said it expects to report fourth-quarter earnings between $1.13 and $1.27 per share, excluding certain items, which is short…

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