Charles Schwab Down Just Over 4%, On Pace for Lowest Close Since November 2016 -- Data Talk
October 03 2019 - 2:01PM
Dow Jones News
Charles Schwab Corporation (SCHW) is currently at $35.02, down
$1.50 or 4.09%
-- Would be lowest close since Nov. 9, 2016, when it closed at
$33.71
-- Currently down three consecutive days; down 16.29% over this
period
-- Earlier Thursday, Wells Fargo cut its rating on Charles
Schwab to market perform from outperform and lowered its price
target to $39.00/share from $50.00/share, Benzinga reported
-- The elimination of trading commissions clips the earnings
potential of online brokerages, Barron's reported
-- Worst three day stretch since the three days ending June 28,
2016, when it fell 17.28%
-- Down 15.69% year-to-date
-- Down 32.25% from 52 weeks ago (Oct. 4, 2018), when it closed
at $51.68
-- Would be a new 52 week closing low
-- Down 4.11% at today's intraday low
-- Second worst performer in the S&P 500 today
-- Ninth most active stock in the S&P 500 today
All data as of 2:20:26 PM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 03, 2019 14:46 ET (18:46 GMT)
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