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Shares of Goldman Sachs Group Inc. (GS) slumped 0.42% to $323.57 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.12% to 4,145.58 and Dow Jones Industrial Average falling 0.69% to 33,055.51.
This was the stock's fourth consecutive day of losses.
Goldman Sachs Group Inc. closed $66.01 short of its 52-week high ($389.58), which the company reached on November 15th.
The stock underperformed when compared to some of its competitors Tuesday, as Bank of America Corp. (BAC) rose 0.85% to $28.58, Wells Fargo & Co. (WFC) rose 0.56% to $41.21, and Morgan Stanley (MS) rose 0.45% to $82.64.
Trading volume (1.5 M) remained 860,549 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 23, 2023.
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(END) Dow Jones Newswires
May 23, 2023 16:58 ET (20:58 GMT)
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