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. Schwab stock falls after disappointing results

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