Schwab shares are trading higher after the company reported total net new assets of $10 billion in April.
Portfolio Pulse from Benzinga Newsdesk
Schwab's stock is trading higher following the announcement of $10 billion in total net new assets for April.

May 14, 2024 | 3:36 pm
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POSITIVE IMPACT
Schwab's announcement of $10 billion in total net new assets for April has led to an increase in its stock price.
The announcement of significant net new assets is a strong indicator of growth and investor confidence, which typically leads to an increase in stock price due to perceived future value.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100