Goldman Sachs Group Inc. Stock Falls Thursday, Underperforms Market
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Shares of Goldman Sachs Group Inc. (GS) slumped 0.18% to $329.58 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.94% to 4,198.05 and the Dow Jones Industrial Average rising 0.34% to 33,535.91.
Goldman Sachs Group Inc. closed $60.00 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 Thursday, as Bank of America Corp. (BAC) fell 0.35% to $28.47, Wells Fargo & Co. (WFC) fell 0.62% to $40.21, and Morgan Stanley (MS) rose 0.69% to $84.49.
Trading volume (1.6 M) remained 878,003 below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2023.
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May 18, 2023 16:58 ET (20:58 GMT)
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