onsemi To Be Added to Nasdaq-100 Index Jun. 20
Portfolio Pulse from Benzinga Newsdesk
onsemi (ON) will be added to the Nasdaq-100 Index on June 20, potentially increasing its visibility and attracting more investors.
June 12, 2023 | 1:06 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
onsemi's addition to the Nasdaq-100 Index may increase its visibility and attract more investors, potentially boosting its stock price.
Being added to the Nasdaq-100 Index increases a company's visibility and credibility among investors. This can lead to increased demand for the stock, potentially driving up its price. As onsemi is the main subject of the news, the relevance is 100. The importance is 75, as it's a significant event for the company but not critical. Confidence is 90, as the impact is likely but not guaranteed.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100