Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessStoneX Group Inc. (NASDAQ: SNEX) Announces Stock Split and Acquisition of The...

StoneX Group Inc. (NASDAQ: SNEX) Announces Stock Split and Acquisition of The Benchmark Company

Add to Favorite
Added to Favorite


StoneX Group Inc. (NASDAQ: SNEX) is a leading financial services company that offers a comprehensive range of services, including trading, risk management, and market intelligence. Competing with other financial service providers, StoneX aims to expand its market presence and enhance its service offerings.

On March 24, 2025, SNEX will undergo a stock split, where shareholders will receive 3 shares for every 2 shares they currently hold. This strategic move aims to make the shares more accessible to a broader range of investors by reducing the price per share. Currently, SNEX is priced at $110.90, with a recent price increase of $3.63, or 3.38%.

In addition to the stock split, StoneX has announced its acquisition of The Benchmark Company, LLC. This acquisition is expected to significantly enhance StoneX’s capabilities in the equity and debt capital markets. The Benchmark Company, known for its strong sales and trading platform, award-winning equity research, and experienced investment banking team, will now operate under StoneX’s umbrella.

The acquisition is expected to bolster StoneX’s offerings in equity research and investment banking. Jacob Rappaport, Global Head of Equities at StoneX, emphasized that this move establishes a franchise-level platform for the company. The Benchmark Company will continue to operate under the leadership of its Founder and CEO, Richard Messina, ensuring continuity and expertise.

StoneX’s market capitalization is approximately $3.56 billion, with a trading volume of 152,088 shares. The stock has fluctuated between a low of $108.17 and a high of $110.91 today. Over the past year, SNEX has seen a high of $128.23 and a low of $64.03, reflecting its dynamic market performance.

Subscribe to get Latest News Updates

Latest News

You may like more
more

BRT Apartments Corp. (NYSE:BRT) Quarterly Earnings Insight

Negative EPS but steady revenue projections indicate financial challenges...

HealthEquity, Inc. (NASDAQ:HQY) Earnings Preview: A Look into the Future

Earnings per share (EPS) is estimated to be $0.71,...

Arcutis Biotherapeutics, Inc. (NASDAQ:ARQT) Financial Analysis

Arcutis Biotherapeutics, Inc. (NASDAQ:ARQT) is a biopharmaceutical company focused...

Asian Markets Rally Amid Optimism Over Chinese Economic Stimulus

Asian stocks climbed on Monday as investor sentiment improved...