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MarketBeat
MarketBeat
Peter Frank

StoneX: Too Far Too Fast?

StoneX StoneX Group Commercial Institutional Nasdaq

StoneX Group (NASDAQ: SNEX) should be accustomed to wild swings in the market. This New York-based financial services firm deals in everything from commodities and currencies to securities and digital assets.

This year, it’s taken a wild swing of its own. It has scored remarkable revenue growth and an extraordinary earnings increase, all while its stock was suddenly punished after reaching record highs. And now analysts rate it a Buy with more than 60% upside over the next 12 months.

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