
Tennessee-based regional bank, First Horizon (FHN), reported its Q3 2025 results yesterday, before the markets opened. While they were reasonably strong, they weren't enough for investors, causing FHN stock to decline nearly 10% on the day.
The price drop could have been an example of the adage, “Buy on rumor, sell on news.” Alternatively, it might have been due to the fear-mongering by JPMorgan & Chase (JPM) CEO Jamie Dimon, whose comments about cockroaches generated considerable controversy.