Charles Schwab Corp. Stock Falls Tuesday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Charles Schwab Corp. (SCHW) slipped 2.15% to $74.95 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.53% to 3,986.37 and Dow Jones Industrial Average falling 1.72% to 32,856.46. This was the stock's second consecutive day of losses. Charles Schwab Corp. closed $18.21 short of its 52-week high ($93.16), which the company achieved on March 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Blackstone Inc. (BX) fell 2.24% to $89.47, Morgan Stanley (MS) fell 2.36% to $96.06, and BlackRock Inc. (BLK) fell 1.99% to $674.66. Trading volume (6.4 M) remained 1.6 million below its 50-day average volume of 7.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 7, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
March 07, 2023 17:24 ET (22:24 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.