First Horizon’s M&A Plan Tanks Stock in Worst Day Since TD-Deal Wipeout

BloombergWednesday, October 15, 2025 at 5:04:57 PM
First Horizon’s M&A Plan Tanks Stock in Worst Day Since TD-Deal Wipeout
First Horizon Corp. experienced a significant drop in its stock price after management revealed potential plans to acquire another bank, disappointing investors who had hoped the company would be a target for acquisition instead. This news is crucial as it reflects the shifting dynamics in the banking sector and raises concerns about First Horizon's strategic direction.
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