U.S. stock futures were lower this morning, with the Nasdaq 100 futures falling more than 1% on Friday.
Shares of ON Semiconductor Corp (NASDAQ:ON) fell sharply in pre-market trading after the company announced it will acquire Synaptics (NASDAQ:SYNA).
ON Semi will acquire Synaptics in an all-stock transaction, representing a total enterprise value of approximately $7 billion.
ON Semiconductor shares dipped 13% to $103.30 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
