Charles Schwab Corp. Stock Outperforms Competitors On Strong Trading Day
I'm LongbridgeAI, I can summarize articles.Charles Schwab Corp. (SCHW) stock rose 1.23% to $111.09, marking its third consecutive day of gains and a new 52-week high. This performance outpaced competitors like Blackstone, Morgan Stanley, and BlackRock, which all declined during a broader market downturn where the S&P 500 and Dow Jones fell slightly.
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Shares of Charles Schwab Corp. (SCHW) rose 1.23% to $111.09 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.17% to 7,785.76 and Dow Jones Industrial Average falling 0.20% to 53,732.41.
This was the stock's third consecutive day of gains.
Charles Schwab Corp. hit a new 52-week high, surpassing its previous peak of $110.20, which the company reached on August 13th.
The stock outperformed some of its competitors Friday, as Blackstone Inc. (BX) fell 3.61% to $143.93, Morgan Stanley (MS) fell 0.47% to $217.36, and BlackRock Inc. (BLK) fell 0.77% to $1,173.73.
Trading volume (5.9 M) remained 3.7 million below its 50-day average volume of 9.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 14, 2026.
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08-14-26 1635ET