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Freedom Holding Corp. - $FRHC STOCK NEWS

Welcome to our dedicated page for Freedom Holding news (Ticker: $FRHC), a resource for investors and traders seeking the latest updates and insights on Freedom Holding stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Freedom Holding's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Freedom Holding's position in the market.

Rhea-AI Summary
Freedom Holding Corp. (FRHC) CEO, Timur Turlov, to participate in two New York investor conferences in April. He will discuss topics like technology, global financial services, and business principles. LD Micro Invitational XIV will feature 80 companies and 500 investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
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Rhea-AI Summary
Freedom Holding Corp. reports $419 million in revenue for the third quarter of fiscal 2024, with net income of $96 million. Total revenue for the nine months ending December 31, 2023, was approximately $1.2 billion, showing a significant increase. The company's operating expenses also rose, but net income saw a substantial growth. Total assets and brokerage customer count have notably increased, reflecting a strong performance. CEO Timur Turlov emphasizes the growth in Central Asia and Eastern Europe, highlighting revenue diversification and strategic expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
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Rhea-AI Summary
Freedom Holding Corp. (FRHC) announced the conclusion of an external review into wide-ranging allegations. The review was commissioned by the independent members of its board of directors. The company's stock price experienced a significant decline following the allegations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.4%
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none
Rhea-AI Summary
Freedom Holding Corp. (FRHC) received a Non-Compliance Letter from Nasdaq due to the delayed filing of its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023. The company has 60 days to submit a plan to regain compliance and may be granted up to 180 days to do so. If the plan is not accepted, the company can appeal the decision. The Non-Compliance Letter does not immediately affect the company's stock listing on Nasdaq.
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Rhea-AI Sentiment
End-of-Day
0.13%
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Rhea-AI Sentiment
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-0.51%
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Rhea-AI Sentiment
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0.23%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.13%
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conferences
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Rhea-AI Summary
LD Micro announces the 13th installment of LD Micro Invitational, a three-day investor conference to be held in Los Angeles from June 6-8, 2023. The conference will feature over 150 companies and is expected to attract over 800 patrons. LD Micro will also host a virtual open forum on May 4 to discuss LD-related topics.
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Rhea-AI Sentiment
End-of-Day
2.17%
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Rhea-AI Sentiment
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3.62%
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Rhea-AI Summary
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Rhea-AI Sentiment
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-1.47%
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Freedom Holding Corp.

Nasdaq:FRHC

FRHC Rankings

FRHC Stock Data

4.13B
17.00M
71.51%
1.23%
0.79%
Investment Banking and Securities Dealing
Finance and Insurance
Link
United States of America
NEW YORK

About FRHC

freedom holding corp., through its subsidiaries, provides retail securities brokerage, research, investment counseling, securities trading, market making, corporate investment banking, and underwriting services. the company offers investment brokerage services for exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange traded options and futures contracts, government bonds, and mutual funds; margin lending services collateralized by securities and cash in the customer's account; various investment education and training courses; and investment research services. it also provides capital raising solutions for corporate clients through initial public offerings and follow-on offerings; and debt capital markets solutions that focuses on structuring and distributing private and public debt for various purposes, including buyouts, acquisitions, growth capital financings, and recapitalizations. in addition, the company is involved in tradi