On Stock Surges to 215th in Trading Volume Despite Price Drop

On March 26, 2025, On's trading volume reached 3.79 billion, marking a 75.63% increase from the previous day. This surge placed On among the top 215 stocks by trading volume for the day. However, the stock price of On experienced a decline of 0.60%, marking the second consecutive day of losses, with a total decrease of 1.40% over the past two days.

On's recent performance has been influenced by several factors. The company's electric vehicle sales in Europe have seen a significant decline, with registrations dropping by 40% in February compared to the previous year. This decline has raised concerns about the company's market position and future prospects in the region. Additionally, the company's stock has been affected by broader market trends, including investor concerns about potential tariffs and economic data reports.

Despite these challenges, On's stock has shown signs of recovery in recent sessions. The company's stock has gained more than 27% in the week leading up to March 26, boosted by potential watered-down tariffs and several endorsements. However, the stock's recent decline threatens to derail this rebound, highlighting the volatility and uncertainty in the market.