DJ Charles Schwab Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Charles Schwab Corp. $(SCHW)$ inched 0.94% higher to $74.31 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
The stock's rise snapped a five-day losing streak.
Charles Schwab Corp. closed $9.04 below its 52-week high ($83.35), which the company achieved on November 29th.
The stock underperformed when compared to some of its competitors Friday, as Blackstone Inc. $(BX)$ rose 1.14% to $170.84, Morgan Stanley $(MS)$ rose 2.44% to $123.44, and BlackRock Inc. $(BLK)$ rose 1.22% to $1,028.69.
Trading volume (12.2 M) eclipsed its 50-day average volume of 8.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 16:40 ET (21:40 GMT)
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