🔴 FRHC is trading 6.6% down today as Middle East tensions and surging oil prices trigger a broad market selloff

FRHC is trading at $117.03 (-6.64%) in pre-market, tracking sharp declines in major indices as geopolitical instability drives a global risk-off sentiment.

• The S&P 500 and Nasdaq have dropped 1.45% and 1.88% respectively, pressured by the closure of the Iran Strait and a subsequent surge in oil prices hitting the financial sector.
• S&P Global affirmed the company's B- credit rating on March 2, though the agency noted concerns regarding rising leverage levels.
• The downward move follows recent Q3 FY2026 earnings from February 9, which reported $628.6M in revenue and $1.27 EPS, slightly trailing the previous year's results.