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Schwab stock falls after disappointing results

The shares of Charles Schwab Corp. fell on Monday after the financial services company reported a drop in quarterly earnings and missed Wall Street expectations.

Shares of the Texas-based broker ended the day down 9.4% at $74.94, the stock’s biggest percentage drop since March 2020, making it the worst-performing S&P 500 on Monday. Schwab shares are down 11% in 2022.

https://www.wsj.com/articles/schwab-stock-drops-after-disappointing-results-11650302489?mod=rss_markets_main Schwab stock falls after disappointing results

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