Goldman Sachs (GS) Q2 Result Out: Should You Make a Bet Now?
GSGoldman Sachs(GS) ZACKS·2024-07-25 23:15

The Goldman Sachs Group, Inc. (GS) , which released its second-quarter 2024 results on Jul 15, 2024, posted a remarkable rebound in its investment banking (IB) business after witnessing a decline in the past two years. Driven by robust performance, the company’s profits jumped 61% in the first six months of 2024.Since the release of its quarterly results, the stock has moved up nearly 1.5% to $486.70. Year to date, GS has appreciated 27.8% compared with the S&P 500 Index’s growth of 15.1%. In 2023, the stoc ...