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Shares of Goldman Sachs Group Inc. (GS) slid 1.16% to $319.81 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.73% to 4,115.24 and Dow Jones Industrial Average falling 0.77% to 32,799.92.
This was the stock's fifth consecutive day of losses.
Goldman Sachs Group Inc. closed $69.77 below 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 Wednesday, as Bank of America Corp. (BAC) fell 1.68% to $28.10, Wells Fargo & Co. (WFC) fell 0.83% to $40.87, and Morgan Stanley (MS) fell 1.72% to $81.22.
Trading volume (1.4 M) remained 906,855 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2023.
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May 24, 2023 16:58 ET (20:58 GMT)
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