Apparel maker On Holding saw its shares slump in premarket trade as the Zurich-headquartered, U. S. -listed company guided to weaker-than-expected sales for the year.
Source: [MarketWatch](https://www.marketwatch.com/story/heres-how-much-roger-federer-is-losing-as-on-holding-says-it-is-being-disciplined-on-price-d8ffb1f5?mod=mw_rss_topstories)