🔴 FRHC is trading 3.4% down today as massive jobs data revisions delay Fed rate-cut expectations

FRHC is trading at $120.11 (-3.4%) as U.S. markets react to a mixed January jobs report and significant downward revisions to 2025 labor data.

• Headline payroll growth of 130,000 was overshadowed by a 900,000-job cut to prior records, causing traders to delay Fed rate-cut expectations to July 2026.
• The NASDAQ Composite fell -0.41% by midday, pulling growth assets lower despite FRHC's recent announcement of expansion into Hong Kong, Europe, and Turkey.
• Market volatility remains elevated with the VIX at 17.79, pressuring risk assets following the stock's +1.8% close at $124.36 the previous session.