Where to buy the First Horizon stock: it’s up 30% today after being acquired by TD Bank Group


The stock price of First Horizon Corp is has shot up by over 30% after an acquisition announcement by TD Bank Group. The stock has been on a monster Bull Run since Friday, February 25, 2022.

To help stock investors interested in investing in First Horizon stock, Invezz has created a brief article on what it is and where to buy it.

To find out more, please continue reading.

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What is First Horizon stock?

First Horizon stock is the stock of First Horizon Corporation, and it trades on the New York Stock Exchange under the ticker NYSE: FHN.

In a nutshell, the First Horizon Corporation is a US-based bank holding company. It is headquartered in Memphis, Tennessee.

The corporation’s banking subsidiary, First Horizon, is the largest bank in Tennessee and the 4th largest regional bank in the Southeast of the US.

Should I buy FHN stock today?

If you are looking to invest in a stock of a banking and finance company, then the FHM stock could be a good choice.

Nevertheless, it is always important to be wary of large market prices since they are most often than not followed by some form of pullback. Therefore, it is important to invest wisely.

FHN stock price prediction

Analysts are expecting the price of FHN stock to rally above $25 by end of the February 2022.

$FHN social media coverage

Big bank deal to start the week. Toronto-Dominion Bank agreed to buy First Horizon Corp. for $13.4 billion to expand in the U.S. Southeast @kevinorland https://t.co/zt5NqyOnrC via @business

— Danielle Bochove (@daniellebochove) February 28, 2022

$FHN | First Horizon Corp ($FHN) Trading Report (FHN) https://t.co/QocCodxORN pic.twitter.com/wLZDPbsM80

— Stock Traders Daily (@marketcycles) February 28, 2022

The post Where to buy the First Horizon stock: it’s up 30% today after being acquired by TD Bank Group appeared first on Invezz.