Freedom Holding Corp is trading 8.3% down at $146.09 following clarification that an SEC accounting investigation into the company remains active, reversing earlier market impressions that the matter had been resolved.
- The decline follows a previous sell-off on Thursday as investors reassess the regulatory and reputational risks associated with the ongoing investigation.
- Market sentiment is further weighed down by a broader risk-off session across U.S. equities, contributing to the downward pressure on the stock.