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Why First Horizon Stock Rose 13.7% This Week

Why First Horizon Stock Rose 13.7% This Week

First Horizon (NYSE: FHN) saw its stock price rise 13.7% this week, as of Friday's opening bell, according to S&P Global Market Intelligence. The stock remains down about 55% year to date as of Friday morning's open, trading at $11 per share. The markets were up this week, as the S&P 500 gained 1.8%, the Dow Jones Industrial Average rose 0.7%, and the Nasdaq Composite surged 3.3% as of Friday at 9:30 a.m. ET.