Written by Liz Moyer
Investing.com: Following the sector's's tumult in March, which sparked concerns about a decline in lending, investors are focusing on bank earnings. Stocks are currently trembling. The competition players for April 17 are listed below.
Shares of Charles Schwab Corp.( NYSESCHW ) increased 2.7 % after the brokerage behemoth's's first quarter earnings, which were down 11 % from the previous quarter. Shares of State Street Corp.( NYSESTT ) dropped 11 % after the custody bank's's quarterly performance fell short of expectations.
Shares of Enphase Energy Inc.( NASDAQENPH ) increased by 8 % after Piper Sandler upgraded the solar energy company to Overweight from Neutral.
After it was reported that Samsung( KS005930 ) was considering replacing the Google search engine on its devices with the Bing search engines developed by Microsoft( NASDAQMSFT ), Alphabet's's( NYSEGOOGL ) stock fell more than 3 %.
Shares of Prometheus Biosciences Inc.( NASDAQRXDX ) increased by 49 % a day after the producer of immune therapies consented to an$ 10.8 billion acquisition by Merck & amp Company Inc( NYSEMRK ), which is expanding its drug portfolio.
After the video game platform released data for March that suggested a slowdown in average bookings per daily active user, Roblox Corp( NYSERBLX ) shares fell 11 %. The range for March was$ 3.73 to$ 3.85. The company will switch to weekly data reporting, so this is its final regular update.
Charles Schwab, Enphase Energy, Alphabet, and other afternoon movers
