DJ Charles Schwab Corp. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Charles Schwab Corp. $(SCHW)$ shed 1.72% to $75.54 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.13% to 5,187.70 and the Dow Jones Industrial Average rising 0.08% to 38,884.26.
The stock's fall snapped a four-day winning streak.
Charles Schwab Corp. closed $1.39 below its 52-week high ($76.93), which the company achieved on May 6th.
The stock underperformed when compared to some of its competitors Tuesday, as Blackstone Inc. $(BX)$ rose 0.24% to $121.50, Morgan Stanley $(MS)$ rose 1.05% to $95.79, and BlackRock Inc. $(BLK)$ rose 0.81% to $780.92.
Trading volume (7.3 M) remained 6,518 below its 50-day average volume of 7.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 7, 2024.
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(END) Dow Jones Newswires
May 07, 2024 16:40 ET (20:40 GMT)
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