Charles Schwab Rises, DR Horton Falls, Google Drops After Ad Ruling
On this episode of Stock Movers:
- Charles Schwab’s (SCHW) shares rise after it said daily average trades exceeded expectations as retail investors rushed to respond to market volatility in the first three months of the year, with company executives saying drivers of future earnings are in flux.
- D.R. Horton (DHI) shares falls 1.5% after the homebuilder lowered guidance for full-year revenue; the guidance missed the average analyst estimate. Spring sales started slower than expected, cites “continued affordability constraints and declining consumer confidence”
- Google (GOOGL) shares drop after a federal judge found Google guilty of illegally monopolizing online advertising technology markets for advertising exchanges and ad servers.
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