First Horizon's Trading Volume Plunges 32.15% to 387th in Market Activity as Shares Slip 0.57%

Generated by AI AgentAinvest Volume Radar
Thursday, Aug 28, 2025 6:40 pm ET1min read
Aime RobotAime Summary

- First Horizon's August 28 trading volume dropped 32.15% to 250 million shares, ranking 387th in market activity with a 0.57% stock decline.

- The bank appointed Michael Moehn to its board and relocated its Charlotte hub to South End, emphasizing governance and operational efficiency.

- Community initiatives included a $25,000 Red Cross donation for Chattanooga relief and hiring Shaun McDougall as consumer banking head.

- First Horizon redeemed preferred stock, participated in the Barclays conference, and disclosed 2025 stress test results while maintaining capital management strategies.

- Recognized as a top workplace by Newsweek and Forbes, the bank's actions aim to strengthen governance, community ties, and employer brand.

On August 28, 2025,

(FHN) traded with a volume of 250 million, a 32.15% drop from the prior day, ranking 387th in market activity. The stock closed at a 0.57% decline, reflecting subdued investor engagement.

First Horizon recently announced the appointment of Michael Moehn to its board, a strategic move to strengthen corporate governance. The company also expanded its regional presence by relocating its Charlotte hub to South End, signaling operational efficiency goals. A $25,000 donation to the Red Cross for Chattanooga relief efforts highlighted its community focus, while the hiring of Shaun McDougall as head of consumer banking underscored leadership changes in key departments.

The firm confirmed participation in the

23rd Annual Global Financial Services Conference, a platform to engage with investors and analysts. Its 2025 company-run stress test results were disclosed, though specific metrics were not detailed. Additionally, First Horizon redeemed Series B preferred stock, aligning with its capital management strategy. The company was recognized as a top workplace by Newsweek and Forbes, potentially enhancing its employer brand and operational stability.

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