DJ Goldman Sachs Group Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Goldman Sachs Group Inc. $(GS)$ slipped 4.25% to $550.25 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's second consecutive day of losses.
Goldman Sachs Group Inc. closed $62.48 below its 52-week high ($612.73), which the company achieved on November 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as $Bank of America Corp(BAC-N)$. $(BAC.SI)$ fell 3.44% to $43.50, Wells Fargo & Co. $(WFC)$ fell 2.90% to $68.76, and Morgan Stanley $(MS)$ fell 5.25% to $121.04.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 16:37 ET (21:37 GMT)
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