
Schwab Pops on Citi Rec; Newsmax Retreats; DJT Slumps
On this episode of Stock Movers:- Schwab (SCHW) are up premarket after Citigroup raised the recommendation on the financial services firm to buy from neutral. Analyst Chris Allen wrote in a note, “For most names, we have reduced our earnings estimates due to market-driven and/or capital markets revisions. Schwab was the exception where improving new net assets trends, better-than-expected trading and capital return outlook provided an offset."- Trump Media & Technology Group (DJT) slumped in pre-market trading after the company filed on April 1 to register up to 142.5 million shares and…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.