India, Oct. 15 -- The Charles Schwab Corporation (SCHW) is down 4.99 percent, losing $4.83 to $91.97 on Thursday. The decline comes despite the financial services company reporting higher third-quarter earnings and revenue. Net income increased to $2.81 billion, or $1.62 per share, from $2.28 billion, or $1.26 per share, a year earlier.
Charles Schwab is currently trading at $91.97, down from the previous close of $96.80 after opening at $93.39 on the New York Stock Exchange. The stock has traded between $91.38 and $93.39 during the session. Trading volume stands at 3.37 million shares, compared with average volume of 7.99 million shares.
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Third-quarter r...