On Holding AG (NYSE:ONON) is an athletic apparel retailer whose stock has dropped 18% this year due to concerns about the retail industry. Shares fell 8% last week after Tapestry warned of tariff impacts on profits. Jim Cramer discussed the stock’s movement and expressed uncertainty about its performance.

Cramer previously praised On Holding AG (NYSE:ONON) for its strong performance but noted that the stock has been stagnant. He mentioned a significant short position impacting the stock’s movement, highlighting the ongoing competition in the market.

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Read more at Yahoo Finance: I’m Double Minded About The Stock, Says Jim Cramer