ONTO Slides 13% in a Month: How Should Investors Play the Stock?
Onto Innovation’s (ONTO) shares have lost 12.8% in the past month, which is narrower than the Nanotechnology industry’s decline of 14.2%. Over the same time frame, the Zacks Computer and Technology sector and the S&P 500 composite have registered declines of 6.7% and 4.9%, respectively. Escalating trade tensions and tariff troubles have been a drag on the overall market performance. Price performanceImage Source: Zacks Investment ResearchONTO stock inched up 0.3% in the last trading session and closed at $ ...