NasdaqGS:SNEXCapital Markets
StoneX Group (SNEX), Why Is It Back In The Spotlight?
StoneX Group (SNEX) has moved into the spotlight after a strong fiscal third quarter and the rollout of a synthetic credit structure with DeltaTerra Investments tied to Agency mortgage bonds via credit default swaps.
Recent price action has been choppy, with a 1-day share price return of 1.32% after the latest quarterly update, but a 90-day share price move that is down 27.70% from earlier highs. Even so, StoneX Group still shows strong longer run momentum, with a year-to-date share price...