Shares of On Holding (NYSE: ONON) were falling today after the footwear company posted disappointing results in its second-quarter earnings report.

As of 10:11 a.m. ET, the stock is down 17%.

The Swiss running shoe company said that revenue jumped 52.3%, or 60% on a constant-currency basis, to $506.7 million, which topped estimates at $477.5 million.

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Source Fool.com