Charles Schwab's stock fell approximately 3.5% in early trading on Wednesday, even as the company reported record quarterly profits. The brokerage and financial services firm posted first-quarter revenue of $6.48 billion, falling short of the $6.5 billion forecast by LSEG, which weighed on the stock in early Thursday trading. Earnings per share for the quarter were $1.43, exceeding LSEG's estimate by 3 cents.
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