Quartz·1 min read·easy

Charles Schwab posted record revenue and earnings — but the stock sank

Cris Tolomia
AI Summary

Charles Schwab reported record-breaking revenue and earnings for the quarter and raised its full-year guidance. Despite these strong financial results, the company's stock price fell by 2.5%.

The brokerage beat analyst estimates on profit and revenue, then raised its full-year guidance, but Schwab stock ended the day down 2.5%

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