FRHC is trading at $115.68 (-3.32%) today, tracking a broader market decline following uncertainty over newly announced global trade tariffs.
- The stock is giving back gains from Friday's 6.8% post-earnings rally, despite reporting Q3 revenues of $628.6M on February 9.
- Major indices are under pressure, with the S&P 500 and Nasdaq down over 0.5% following the announcement of a 15% global tariff.
- While top-line growth was solid, recent analysis highlighted concerns regarding net margin weakness in the latest quarterly results.