🔴 ONON is trading 3% down today on global tariff concerns and market selloff

ONON is trading at $47.86 (-3.16%) today, extending losses as trade policy uncertainty weighs on the broader market.

• The decline follows President Trump's announcement of a new 15% global tariff, which has pressured importers and industry peers like Nike (-1.8%).
• The stock is moving in line with a sharp market-wide downturn, with the Dow dropping 1.35%, the S&P 500 falling 0.72%, and the Nasdaq down 0.60%.
• No company-specific news was found for On Holding; the move appears driven entirely by macro-economic factors and trade policy shifts.