Goldman Sachs Group Inc. Stock Rises Friday, Outperforms Market
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Shares of Goldman Sachs Group Inc. (GS) rose 2.51% to $332.01 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.30% to 4,205.45 and the Dow Jones Industrial Average rising 1.00% to 33,093.34.
This was the stock's second consecutive day of gains.
Goldman Sachs Group Inc. closed $57.57 short of its 52-week high ($389.58), which the company achieved on November 15th.
The stock outperformed some of its competitors Friday, as Bank of America Corp. (BAC) rose 0.50% to $28.31, Wells Fargo & Co. (WFC) rose 0.81% to $41.23, and Morgan Stanley (MS) rose 1.08% to $83.90.
Trading volume (2.7 M) eclipsed its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 26, 2023.
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May 26, 2023 16:58 ET (20:58 GMT)
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