Rick Allen, a Representative from Georgia, reported a purchase of Charles Schwab (NYSE:SCHW) stock on January 11, 2024. According to the Periodic Transaction Report the transaction was placed on January 11, 2024.
What Happened: A Periodic Transaction Report from the House of Representatives Clerk's Office on January 11, 2024 showed that Allen bought $50,001 - $100,000 of Charles Schwab stock.
Charles Schwab shares are trading up 0.38% at $65.51 at the time of writing.
Why Congressional Transactions Matter
Congressional transactions shouldn't be used primarily to make an investing decision, however, they can be an ...