Company Of The Day: Goldman Sachs
What?
Goldman Sachs (NYSE: GS) published a stronger than expected set of Q3 2021 results on Friday, with revenue rising 26% year-over-year to $13.6 billion and profits up 63% to about $5.3 billion.
Why?
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The results were driven by strength in the company’s investment banking and trading operations.
So What?
Goldman stock rose by almost 4% in Friday’s trading, following the earnings report.
See Our Complete Analysis For Goldman Sachs
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