Siebert Financial Corp. to Acquire StockCross Financial Services, Inc.
Siebert Financial Corp. (SIEB)
US:NASDAQ Investor Relations:
siebertnet.com
Company Research
Source: Business Wire
Acquisition of StockCross, a clearing broker-dealer, will add market-making, equity stock plan services, IRA custodianship, and securities lending business lines to SiebertUpon closing, Siebert will obtain an additional $1 billion in customer assets, three retail branches and 45 employeesTransaction results in clear path to economies of scale and revenue synergies NEW YORK--(BUSINESS WIRE)--Siebert Financial Corp. (NASDAQ:SIEB) (“Siebert”) announced today that it entered into a binding letter of intent to acquire the remaining eighty-five percent (85%) interest in StockCross Financial Services, Inc. (“StockCross”), a clearing broker-dealer.In Q1 of 2019, Siebert purchased a 15% stake in StockCross and the current transaction will give Siebert 100% ownership of StockCross. Upon the closing of the purchase, which is subject to regulatory approval, Siebert intends to merge StockCross into Siebert’s current broker-dealer subsidiary, Muriel Siebert & Co., Inc.Gloria E. Gebbia, controlli
Show less
Read more
Impact Snapshot
Event Time:
SIEB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SIEB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SIEB alerts
High impacting Siebert Financial Corp. news events
Weekly update
A roundup of the hottest topics
SIEB
News
- Siebert Financial Corp. (NASDAQ: SIEB) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Siebert Financial Corp. (NASDAQ: SIEB) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Siebert Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K [Yahoo! Finance]Yahoo! Finance
- Siebert Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-KBusiness Wire
- Siebert Financial Corp. (NASDAQ: SIEB) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
SIEB
Sec Filings
- 4/24/24 - Form 8-K
- 4/22/24 - Form NT
- 4/10/24 - Form 8-K
- SIEB's page on the SEC website