The Traderszone Network

Published in TZ Latest News 24 June, 2016 by The TZ Newswire Staff

Why Charles Schwab, TD Ameritrade, and E*Trade Are Plunging Today

Brokerage Drops

Image source: Getty Images.

Publicly traded stock brokerages are getting banged up today. Charles Schwab (NYSE: SCHW) and E*Trade (NASDAQ: ETFC) are trading lower by 12%, while shares of TD Ameritrade (NASDAQ: AMTD) are down about 11% as of 3:20 p.m. ET.

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