First Horizon (FHN) Stock Shocker: CEO’s Merger Hint Sends Shares Tumbling 13%
According to market reports, FHN shares traded around $20 on Oct 15, 2025 after the selloffbloomberg.com. This was down ~13% from Wednesday’s open near $23.02marketbeat.com. The share price briefly touched an intraday low of $19.99bloomberg.com. For perspective, that is the steepest one-day drop since regulators derailed TD Bank’s planned $13.4 billion merger with FHN in May 2023bloomberg.com. FHN’s 50-day and 200-day moving averages were near $22.5 and $20.7 respectivelymarketbeat.com, so the plunge pushed the stock back towards longer-term support levels. Overall, FHN has been up modestly on the year, but this October slide wiped out recent gains.