Goldman Sachs Group Inc. Stock Falls Friday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Goldman Sachs Group Inc. (GS) shed 1.04% to $326.15 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,191.98 and Dow Jones Industrial Average falling 0.33% to 33,426.63.
This was the stock's second consecutive day of losses.
Goldman Sachs Group Inc. closed $63.43 short of its 52-week high ($389.58), which the company achieved on November 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Bank of America Corp. (BAC) fell 1.26% to $28.11, Wells Fargo & Co. (WFC) fell 0.45% to $40.03, and Morgan Stanley (MS) fell 2.66% to $82.24.
Trading volume (1.5 M) remained 1.0 million below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
May 19, 2023 16:58 ET (20:58 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.