DJ Goldman Sachs Group Inc. Stock Outperforms Competitors On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Goldman Sachs Group Inc. $(GS)$ rallied 1.25% to $443.67 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.03% to 5,180.74 and the Dow Jones Industrial Average rising 0.46% to 38,852.27.
This was the stock's fourth consecutive day of gains.
Goldman Sachs Group Inc. hit a new 52-week high, surpassing its previous peak of $442.30, which the company reached on May 3rd.
The stock outperformed some of its competitors Monday, as $Bank of America Corp(BAC-N)$. $(BAC.SI)$ rose 1.18% to $37.69, Wells Fargo & Co. $(WFC)$ rose 0.42% to $60.19, and Morgan Stanley $(MS)$ rose 1.23% to $94.79.
Trading volume (1.9 M) remained 469,741 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2024.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
May 06, 2024 16:39 ET (20:39 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Comments