ON Semiconductor Corp. stock rose 4.1% on September 17, 2025, after public figure Kash Patel mentioned the company as a 'good investment' opportunity. Patel made these comments while discussing his personal stock trading activities.
The positive mention by Patel, who has garnered significant public attention, contributed to a rally in ON Semiconductor's shares. This indicates that public endorsements, even if not tied to fundamental company news, can influence market sentiment.
While the rise was not driven by a specific company announcement, it highlights the impact of public commentary on stock performance. Investors reacted to the perceived positive sentiment surrounding the company.
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