Understanding Charles Schwab's Plunge
Charles Schwab(SCHW) Seeking Alpha·2024-07-17 03:16
JHVEPhoto/iStock Editorial via Getty Images Charles Schwab overview July 16th ended up being a rather unpleasant day for shareholders of The Charles Schwab Corporation (NYSE:SCHW). I say this because, after the market opened, shares of the company plunged nearly 9%. This came about even though management exceeded analysts’ earnings forecasts when it came to second quarter earnings data that was released leading up to that point. The headline news was that this pain was driven by management's decision to ...