DJ Charles Schwab Corp. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Charles Schwab Corp. $(SCHW)$ advanced 1.18% to $78.59 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.67% to 5,670.97 and the Dow Jones Industrial Average rising 0.56% to 42,225.32.
Charles Schwab Corp. closed 6.99% short of its 52-week high of $84.50, which the company achieved on February 11th.
The stock underperformed when compared to some of its competitors Wednesday, as Blackstone Inc. $(BX)$ rose 3.40% to $147.66, Morgan Stanley $(MS)$ rose 3.05% to $119.27, and BlackRock Inc. $(BLK)$ rose 1.88% to $961.84.
Trading volume (8.9 M) remained 3.3 million below its 50-day average volume of 12.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 2, 2025.
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(END) Dow Jones Newswires
April 02, 2025 16:35 ET (20:35 GMT)
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