Goldman Shares Fall as Trading Revenue Misses Estimates
This article is for subscribers only.
Goldman Sachs Group Inc., the Wall Street bank that generates the highest percentage of revenue from trading, dropped as much as 3 percent after revenue from that business fell more than its rivals.
The shares slumped 1.6 percent to $144.10 in New York at 4:15 p.m., the second-largest decline in the 81-company Standard & Poor’s 500 Financials Index.