Investor Alert

New York Markets Close in:

Nov. 21, 2019, 6:03 a.m. EST

Discount brokers surge premarket after report Schwab in talks to buy TD Ameritrade

The discount-brokerage sector rose in premarket trading Thursday after CNBC reported Charles Schwab (NYS:SCHW) was in talks to buy TD Ameritrade. TD Ameritrade (NAS:AMTD) surged 21%, Interactive Brokers (NAS:IBKR) rose 3.3%, and E-Trade (NAS:ETFC) rose 6.8%. Schwab fell 1.7%.

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