On August 6, Onto Innovation Inc. declined 5.15% in regular trading, trading at 269.2 USD/share, with turnover of approximately $33.64 million.

On the news front, the company is scheduled to release its Q2 earnings report after market close today, with market consensus expecting quarterly revenue of $325 million, up 28.93% year-over-year, and adjusted earnings per share of $1.69, up 33.08% year-over-year. Morgan Stanley previously assigned an overweight rating with a $371 target price.

Within the Semiconductor Equipment sector, the broader group is under pressure ahead of the earnings release. Applied Materials fell 1.86%, Lam Research declined 1.63%, and KLA Corporation slipped 0.5%, while ASML Holding rose 1.45%. Pre-earnings profit-taking and positioning activity intensified, with the stock giving back its prior session gain of 5.41% as capital flows shifted ahead of the results.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)