Goldman Sachs Group Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Goldman Sachs Group Inc. (GS) advanced 1.27% to $323.88 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.88% to 4,151.28 and the Dow Jones Industrial Average falling 0.11% to 32,764.65.
The stock's rise snapped a five-day losing streak.
Goldman Sachs Group Inc. closed $65.70 below 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 Thursday, as Bank of America Corp. (BAC) rose 0.25% to $28.17, Wells Fargo & Co. (WFC) rose 0.07% to $40.90, and Morgan Stanley (MS) rose 2.19% to $83.00.
Trading volume (1.6 M) remained 652,522 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 25, 2023.
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May 25, 2023 16:59 ET (20:59 GMT)
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