On Holding AG Stock (ONON) Slides on Christmas Eve: Today’s News, Analyst Forecasts, and the Road to 2026 (Dec. 24, 2025)
On Holding AG shares fell 2.9% to $46.49 on December 24, 2025, with trading volume around 2 million shares, lighter than usual for the holiday session. New February 2026 ONON options began trading, and filings showed Munro Partners trimmed its stake in the company.