Charles Schwab falls; Match Group, UnitedHealth rise, Tuesday, 7/16/2024
Stocks that traded heavily or had substantial price changes on Tuesday: Charles Schwab falls; Match Group, UnitedHealth rise
Stocks that traded heavily or had substantial price changes on Tuesday:
Charles Schwab Corp. (SCHW), down $7.64 to $67.43.
The financial services firm met earnings forecasts but came up short in other metrics closely watched by Wall Street.
Bank of America Corp. (BAC), up $2.24 to $44.13.
The Charlotte, North Carolina bank beat analysts' profit and revenue targets on the strength of its investment banking division.
Match Group (MTCH), up $2.39 to $34.41.
Activist investor Starboard Value announced a 6.6% stake in the dating app company behind Match, Tinder and OkCupid.
UnitedHealth Group Inc. (UNH), up $33.50 to $548.87.
The health care giant beat Wall Street’s second-quarter forecasts and reaffirmed its full-year profit guidance.
Morgan Stanley (MS), up 96 cents to $106.22.
The New York investment bank easily beat Wall Street profit expectations on strong revenue.
The Pittsburgh bank beat Wall Street revenue and profit forecasts as its net interest income and net interest margin grew.
Newmont Corp. (NEM), up 97 cents to $48.32.
The gold miner got a boost as prices for the precious metal hit a new record high.
State Street Corp. (STT), up $5.88 to $84.82.
The financial services company beat Wall Street’s second-quarter earnings and revenue forecasts.
