It was a tale of two halves for
Charles Schwab
stock in 2022. This year is looking a whole lot better.
Schwab (ticker: SCHW) finished last year off 1%. But there was a lot more action than that minuscule loss implies. The stock tumbled 29% through June 17, as investors fretted about higher rates pushing money out of Schwab’s deposit accounts and into higher-yielding money-market funds, before bouncing 38% over the rest of the year to finish roughly flat. There was sound. There was fury. It amounted to nothing.
Source: https://www.barrons.com/articles/buy-charles-schwab-stock-51673057203?siteid=yhoof2&yptr=yahoo