Stock Market Alert - ONNN had a strong day on Tuesday, trading up over 4% to close the regular session at $7.82 after the company announced that it had priced $440 million dollars worth of convertible notes. Volume was extremely high on the news, with over 84 million shares of the stock changing hands, compared to a normal daily average volume of 5.6 million shares. At the close of trading on Tuesday, ONNN had a market cap of just over $2.5 billion dollars. ONNN also broke through its old 52 week high of $7.7 on the news.
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