Goldman Sachs Group Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Goldman Sachs Group Inc. (GS) dropped 0.38% to $319.50 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.16% to 4,124.08 and Dow Jones Industrial Average falling 0.03% to 33,300.62.
This was the stock's fifth consecutive day of losses.
Goldman Sachs Group Inc. closed $70.08 short of its 52-week high ($389.58), which the company reached on November 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Bank of America Corp. (BAC) fell 1.10% to $27.09, Wells Fargo & Co. (WFC) fell 2.19% to $37.49, and Morgan Stanley (MS) fell 0.29% to $82.39.
Trading volume (1.1 M) remained 1.5 million below its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2023.
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May 12, 2023 16:58 ET (20:58 GMT)
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