DJ Charles Schwab Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Charles Schwab Corp. $(SCHW)$ inched 0.13% higher to $74.99 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.02% to 5,099.96 and the Dow Jones Industrial Average rising 0.40% to 38,239.66.
The stock's rise snapped a two-day losing streak.
Charles Schwab Corp. closed $0.56 short of its 52-week high ($75.55), which the company achieved on April 24th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Blackstone Inc. $(BX)$ fell 0.03% to $122.49, Morgan Stanley $(MS)$ rose 0.29% to $92.83, and BlackRock Inc. $(BLK)$ rose 0.69% to $762.88.
Trading volume (5.5 M) remained 1.8 million below its 50-day average volume of 7.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 26, 2024.
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(END) Dow Jones Newswires
April 26, 2024 16:40 ET (20:40 GMT)
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