brokerage stocks

Discussion in 'Stocks' started by zdreg, Sep 6, 2018.

  1. zdreg

    zdreg

    why are they down today as a group?
     
    Last edited: Sep 6, 2018
    #1     Sep 6, 2018
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  2. Baron

    Baron ET Founder

    JP Morgan announced that they will give users 100 free trades per year with no account minimum and that caused the other brokers to tank.
     
    #2     Sep 6, 2018
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  3. SunTrader

    SunTrader

    BKX down as well although little less than half as much as XBD
     
    #3     Sep 6, 2018
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  4. zdreg

    zdreg

    I drew a blank in news search. please provide a link.
     
    #4     Sep 6, 2018
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  5. zdreg

    zdreg

    as this is two week old news the reason will reveal itself or maybe it just noise.
     
    #5     Sep 6, 2018
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  6. Baron

    Baron ET Founder

    Yeah, I thought it was new since it was the first story linked to one of the online brokers I was checking up on today. My bad.
     
    #6     Sep 6, 2018
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