DJ Goldman Sachs Group Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Goldman Sachs Group Inc. $(GS)$ inched 0.66% higher to $509.03 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.58% to 5,522.30 and the Dow Jones Industrial Average rising 0.24% to 40,842.79.
This was the stock's second consecutive day of gains.
Goldman Sachs Group Inc. closed $0.45 below its 52-week high ($509.48), which the company reached on July 17th.
The stock outperformed some of its competitors Wednesday, as $Bank of America Corp(BAC-N)$. $(BAC.SI)$ fell 2.35% to $40.31, Wells Fargo & Co. $(WFC)$ fell 1.12% to $59.34, and Morgan Stanley $(MS)$ rose 0.36% to $103.21.
Trading volume (2.5 M) eclipsed its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 31, 2024.
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(END) Dow Jones Newswires
July 31, 2024 16:39 ET (20:39 GMT)
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