Charles Schwab shares are trading higher after the company reported a 20% year-over-year growth in total client assets, reaching $9.74 trillion.
Portfolio Pulse from Benzinga Newsdesk
Charles Schwab shares rose as the company reported a 20% year-over-year increase in total client assets, now totaling $9.74 trillion.
September 16, 2024 | 12:52 pm
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Charles Schwab's stock is trading higher following the announcement of a 20% year-over-year growth in total client assets, now at $9.74 trillion.
The significant growth in client assets indicates strong business performance and investor confidence, likely driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100