First Horizon stock rout comes after CEO mentions possible acquisition plans (FHN:NYSE)

Core Viewpoint - First Horizon's stock experienced a significant selloff, dropping as much as 14%, following CEO Bryan Jordan's indication of potential plans to acquire another bank, which surprised investors [5]. Group 1 - The stock price of First Horizon (NYSE:FHN) fell sharply, indicating investor concern over the CEO's comments [5]. - CEO Bryan Jordan expressed increasing confidence in the company's ability to pursue acquisitions, suggesting a strategic shift [5].