Schwab Reports Monthly Activity Highlights

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Charles Schwab stock rises as net new assets rise in August

September 16, 2024 1:14 PM EDT

Charles Schwab (NYSE: SCHW) shares rose 2.7% on Monday following the release of its August 2024 Monthly Activity Report, which showed a significant year-on-year increase in net new assets.

The company reported $32.8 billion in core net new assets for the month, a sharp rise from the... More