Goldman Sachs Group Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Goldman Sachs Group Inc. (GS) slid 0.36% to $330.83 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 4,205.52 and the Dow Jones Industrial Average falling 0.15% to 33,042.78.
The stock's fall snapped a two-day winning streak.
Goldman Sachs Group Inc. closed $58.75 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 Tuesday, as Bank of America Corp. (BAC) fell 0.18% to $28.26, Wells Fargo & Co. (WFC) fell 0.61% to $40.98, and Morgan Stanley (MS) fell 0.57% to $83.42.
Trading volume (1.9 M) remained 281,815 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 30, 2023.
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May 30, 2023 16:58 ET (20:58 GMT)
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