Charles Schwab Corp. Stock Outperforms Market On Strong Trading Day
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Shares of Charles Schwab Corp. (SCHW) advanced 1.67% to $76.20 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.14% to 3,992.01 and the Dow Jones Industrial Average falling 0.18% to 32,798.40. The stock's rise snapped a two-day losing streak. Charles Schwab Corp. closed $16.96 short of its 52-week high ($93.16), which the company reached on March 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Blackstone Inc. (BX) rose 2.28% to $91.51, Morgan Stanley (MS) fell 0.17% to $95.90, and BlackRock Inc. (BLK) fell 0.04% to $674.36. Trading volume (5.4 M) remained 2.6 million below its 50-day average volume of 7.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 8, 2023.
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March 08, 2023 17:23 ET (22:23 GMT)
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