Reading the Market: First Horizon Plummets

Reading the Market: First Horizon Plummets

On the morning of Thursday, May 4, First Horizon Corp (FHN) stock plummeted over 40% since the previous close due to the termination of a merger agreement with Toronto-Dominion Bank. MarketReader captured this news immediately when it hit the market at 6 am ET. Our...

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Reading the Market: First Horizon Plummets

Reading the Market: First Horizon Plummets

On May 4, First Horizon Corp (FHN) stock plummeted over 40% since the previous close due to the termination of a merger agreement with Toronto-Dominion Bank.

MarketReader captured this news immediately when it hit the market at 6 am ET.

Reading the Market: FRC and the US Banking System

Reading the Market: FRC and the US Banking System

MarketReader tracks the drivers of price action as they happen. 

This weekend provided a great example of the system in action, as First Republic Bank ($FRC) was nearly put into FDIC receivership.

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