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On Holding AG Surges to 378th in Trading Volume with 2.26 Billion Shares Exchanged
Generated by AI AgentAinvest Market Brief
Monday, Apr 28, 2025 7:45 pm ET1min read
On April 28, 2025,
(ONON) saw a significant surge in trading volume, with a total of 2.26 billion shares exchanged, marking a 30.23% increase from the previous day. This surge placed On Holding AG at the 378th position in terms of trading volume for the day. The stock has been on a steady upward trajectory, rising by 3.46% and maintaining a 5-day winning streak, with a cumulative increase of 12.78% over the past five days.On Holding AG's stock price experienced a notable boost following an upgrade from
. The Swiss sneaker maker received a fresh rating of "buy" from the bank, which contributed to the stock's upward momentum. This positive outlook from Citibank has likely influenced investor sentiment, driving the stock's recent performance.On Holding AG's strong performance can be attributed to its growing popularity and the positive market sentiment surrounding the company. The upgrade from Citibank has further bolstered investor confidence, leading to increased trading activity and a higher stock price. As the company continues to gain traction in the market, it is expected to maintain its upward trajectory in the coming days.
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