Options Traders Target 2 Bank Stocks After Earnings
Morgan Stanley(MS) Schaeffers Investment Research·2024-07-16 14:54
Bank earnings are flooding in, with Morgan Stanley (NYSE:MS) and Charles Schwab Corporation (NYSE:SCHW) among the latest to report second-quarter results. Both firms surpassed top- and bottom-line expectations, with the former seeing strong performance in both trading and investment banking and the latter missing net interest margin estimates.MS is up 1.3% to trade at $106.65 at last check, reversing premarket losses. The shares yesterday surged to a two-year high of $106.53 and now sport a 12.4% year-to-da ...