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The Sports Index stock of the week: On Holdings (ONON:NYSE)
The Sports Index stock of the week: On Holdings (ONON:NYSE)
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The Sports Index sports stock market and sports business news posted Friday after closing bell. Year-to-date performance chart for 12-index composite, individual indices, and related market sectors. Full list of charts in weekly newsletter and at STOCKS link
The Sports Index stock of the week: On Holdings (ONON:NYSE)
The Sports Index stock of the week: On Holdings (ONON:NYSE)
The Sports Index stock of the week: On Holdings (ONON:NYSE)
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No forced-labor tariffs here. By all appearances, that won't be an issue for sneaker and athletic apparel provider On Holding (ONON:NYSE), which is using state-of-the-art robotics and "can build running shoes in 3 minutes and eliminate 300 hours of human work," writes Fortune. Non-paywall link from February when On launched the new robotics program, per Reuters. One of the key principles in On is tennis great Roger Federer. Robotics of this type can only have a negative impact on the labor force. As for On shares, the robotics news is still fresh. The stock is ▲22.03% YTD.
BULL-BEAR Leaderboard by The Sports Index
The Sports Index stock of the week: On Holdings (ONON:NYSE)
BULL-BEAR Leaderboard by The Sports Index
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BULl-BEAR leaderboard, weekly rankings of the top bull and bottom bear in each index category