ON Semiconductor CorporationON
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ON Semiconductor announced an all-stock acquisition of Synaptics for $7 billion, causing shares to plunge 23.7%.
ON Semiconductor shares plummeted 23.7% after the company announced it will acquire Synaptics in an all-stock deal valued at nearly $7 billion. Rocket Companies gained 1.5% after NASA said the company will provide launch services for two missions researching the Sun's energy input into Earth. Sandisk tumbled 10.5% and Seagate Technology fell 12.2% amid a broader tech decline.
ON Semiconductor CorporationON Semiconductor announced an all-stock acquisition of Synaptics for $7 billion, causing shares to plunge 23.7%.
Synaptics IncorporatedSynaptics is being acquired by ON Semiconductor in a $7 billion all-stock deal.
Sandisk Corp
Rocket Companies IncRocket Companies gained 1.5% after NASA selected it to provide launch services for two missions.
Seagate Technology PLC