Charles Schwab Corp. Stock Rises Wednesday, Outperforms Market
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Shares of Charles Schwab Corp. (SCHW) advanced 5.06% to $59.55 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.70% to 3,891.93 and Dow Jones Industrial Average falling 0.87% to 31,874.57. This was the stock's second consecutive day of gains. Charles Schwab Corp. closed $33.61 short of its 52-week high ($93.16), which the company achieved on March 29th.
The stock outperformed some of its competitors Wednesday, as Blackstone Inc. (BX) rose 0.53% to $86.67, Morgan Stanley (MS) fell 5.09% to $85.39, and BlackRock Inc. (BLK) fell 0.95% to $631.74. Trading volume (86.7 M) eclipsed its 50-day average volume of 15.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 15, 2023.
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March 15, 2023 17:23 ET (21:23 GMT)
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