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Shares of Goldman Sachs Group Inc. (GS) dropped 0.39% to $320.81 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.64% to 4,109.90 and Dow Jones Industrial Average falling 1.01% to 33,012.14.
Goldman Sachs Group Inc. closed $68.77 short of its 52-week high ($389.58), which the company reached on November 15th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Bank of America Corp. (BAC) fell 1.05% to $27.36, Wells Fargo & Co. (WFC) fell 0.98% to $38.39, and Morgan Stanley (MS) fell 1.31% to $81.86.
Trading volume (1.4 M) remained 1.1 million below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 16, 2023.
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May 16, 2023 16:59 ET (20:59 GMT)
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