On Stock Plummets 66.19% in Trading Volume Ranking 367th Amid Middle East Tensions

On June 23, 2025, the trading volume of On was 2.30 billion, a significant decrease of 66.19% compared to the previous day. This placed On at the 367th position in terms of trading volume among all stocks traded that day. The stock price of On increased by 0.70%, marking the second consecutive day of gains, with a total increase of 1.78% over the past two days.

On, a semiconductor company, has been impacted by the recent geopolitical tensions in the Middle East. The escalating conflict between Israel and Iran has led to increased uncertainty in global markets, affecting the stock prices of companies with significant operations in the region. The ceasefire agreement announced by Trump between Israel and Iran has provided some relief, but the situation remains volatile. The Iranian missile attacks on US bases in Qatar and Iraq have raised concerns about potential disruptions in supply chains and increased geopolitical risks.

The recent developments in the Middle East have also led to a decline in oil prices, which could have a positive impact on On's operating costs. However, the overall market sentiment remains cautious, and investors are closely monitoring the situation for any further escalations. The company's management has not yet issued a statement on the potential impact of these events on its operations or financial performance. Analysts are divided on the potential long-term effects of the conflict on On's stock price, with some predicting a recovery in the coming months and others expressing more pessimistic views.