Schwab (SCHW) Down 14% in a Month: Should You Buy or Stay Away?

Charles Schwab (SCHW) , one of the leading brokerage firms in the United States, has seen its stock plunge more than 14% in a month.This fall is steeper than the 7.5% and 6.4% declines of the industry it belongs to and the S&P 500, respectively.One-Month Price PerformanceImage Source: Zacks Investment ResearchWhat Triggered the Sell-off in the SCHW Stock?If you see the above chart, Schwab shares started falling after the second-quarter 2024 results were announced on Jul 16 and are yet to recover.Though SCHW ...