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Stocks End Mixed; Nasdaq at Record Close for Second Day
Stocks end mixed as Fed Chairman Powell says a spike in inflation likely is temporary, easing worry that the central bank could soon pull back on economic support.
) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day down 0.5%. By the end of trading, First Horizon National rose $0.18 (1.5%) to $12.55 on average volume. Throughout the day, 3,393,417 shares of First Horizon National exchanged hands as compared to its average daily volume of 4,124,700 shares. The stock ranged in a price between $12.39-$12.57 after having opened the day at $12.42 as compared to the previous trading day's close of $12.37. Other companies within the Financial sector that increased today were:
), up 9.3%,
), up 8.0%,
), up 6.0% and
), up 5.9%.
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First Horizon National Corporation operates as a bank holding company for First Tennessee Bank National Association that provides various financial services in the United States and internationally. First Horizon National has a market cap of $3.0 billion and is part of the banking industry. Shares are up 24.0% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate First Horizon National a buy, 3 analysts rate it a sell, and 8 rate it a hold.
TheStreet Ratings rates First Horizon National as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and good cash flow from operations. However, as a counter to these strengths, we find that the company's return on equity has been disappointing.
- You can view the full First Horizon National Ratings Report.
On the negative front,
), down 12.0%,
), down 10.8%,
), down 9.5% and
), down 9.3% , were all laggards within the financial sector with
) being today's financial sector laggard.
- Use our financial section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider
) while those bearish on the financial sector could consider
- Find other investment ideas from our top rated ETFs lists.