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Why On Holding Stock Jumped 57% Last Year

TheMotleyFool

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Why On Holding Stock Jumped 57% Last Year: https://g.foolcdn.com/editorial/images/760822/group-of-friends-running-jogging.jpg

Shares of shoe company On Holding (NYSE: ONON) rose by 57.2% in 2023, according to data provided by S&P Global Market Intelligence. Indeed, the stock had already climbed by that much in the first three months of the year. And at one point, it was up by 113% year to date before slipping in the second half.

The company's full-year chart offers some clear indicators of when the most significant events took place for On Holding stock -- starting with 2023's biggest jump, which happened in March.