Why Charles Schwab Stock Slumped Again on Wednesday

The company is not shaping up to be a stock market winner this week.For the second day in a row, equity investors assertively sold out of securities brokerage Charles Schwab (SCHW -5.38%). That wasn't altogether surprising, as negative sentiment lingered following the Tuesday release of a disappointing earnings report, and a clutch of analysts became notably more bearish on the company. As a consequence, the stock fell by over 5% in price, a worse performance than the 1.4% drop of the S&P 500 index.An earni ...