Goldman Sachs stock advances 2.01% and outperforms competitors
Updated
Updated · MarketWatch · Apr 30
Goldman Sachs stock advances 2.01% and outperforms competitors
11 articles · Updated · MarketWatch · Apr 30
Shares closed at $923.77 on Thursday as the S&P 500 rose 1.02% to 7,209.01 and the Dow gained 1.62% to 49,652.14.
The gain ended a two-day losing streak, though Goldman remained 6.19% below its 52-week high of $984.70 reached on 16 January.
Among peers, Morgan Stanley rose 2.42%, while Bank of America gained 1.10% and Wells Fargo added 0.88%; Goldman trading volume of 1.9 million stayed below its 50-day average.
After record earnings, why are hedge funds making their biggest bet against stocks in over a decade?
Goldman's profits are soaring, but could a key trading blind spot jeopardize its future success?
Can Goldman Sachs's major bet on AI shield it from the next market downturn?