https://www.cnbc.com/2023/10/30/shares-of-on-semiconductor-fall-20percent-on-bad-q4-guidance.html
“ON Semiconductor shares fell 21% Monday after the company offered weaker-than-expected guidance for its fourth quarter.”
What’s everyone’s thoughts here? Is there a price people would buy into this company?
Are the analysts right and this company is still a buy. Or will ON “to macro pressures” such as softening demand for cars.”
Disclosure: I have no open position in ON.
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