
ON Holding: Huge Swings as Vietnam Tariff Talks Emerge
🇻🇳 ON Holding, a successful sportswear company heavily reliant on Vietnamese manufacturing, saw its stock plummet nearly 50% due to fears of US tariffs on Vietnamese imports.
📈 The stock experienced a dramatic intraday reversal, swinging from a 10% loss to a 10% gain on Friday following news of positive talks and potential agreements between the US and Vietnam.
⚖️ This volatility highlights the stock's extreme sensitivity to trade negotiations; while a quick resolution could lead to a sharp recovery, the outcome remains uncertain, making it a high-risk, high-reward situation.

Onon Running Shoes Stumble on Vietnam Tariffs
🏭 Onon manufactures 90% of its footwear in Vietnam, making it highly vulnerable to the new tariff policy.
📈 The company faces a significant 46% tariff increase on its products imported from Vietnam into the U.S.
📉 This tariff impact is projected to affect 60% of Onon's sales and could potentially wipe out over 100% of its U.S. profits, posing a severe financial threat.