StoneX Shares Soar 1.88% on Stock Split, Acquisition News

StoneX (SNEX) shares surged 1.88% today, marking the fourth consecutive day of gains, with a cumulative increase of 11.83% over the past four days. The stock price reached its highest level since March 2025, with an intraday gain of 2.42%.

One of the key factors driving StoneX's recent stock price movement is the upcoming stock split. The company announced a 3-2 stock split, which is set to take effect before the market opens on Monday, March 24th. This decision is expected to enhance liquidity and attract more investors, potentially boosting the stock price.

Additionally, StoneX Group Inc. has entered into a definitive agreement to acquire R.J. O'Brien & Associates, LLC. This acquisition is anticipated to create synergies, expand market share, and improve overall financial performance, all of which can positively impact the stock price. Mergers and acquisitions often lead to increased investor confidence and a more favorable market outlook for the acquiring company.