Charles Schwab shares are trading higher following better-than-expected Q3 financial results. Total client assets increased 27% year over year.
Portfolio Pulse from Benzinga Newsdesk
Charles Schwab shares rose due to strong Q3 financial results, with a 27% year-over-year increase in total client assets.
October 15, 2024 | 11:34 am
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Charles Schwab's shares are trading higher after the company reported better-than-expected Q3 financial results, including a 27% increase in total client assets year over year.
The better-than-expected Q3 financial results and significant increase in client assets are positive indicators for Charles Schwab, likely leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100