Goldman Sachs Shares Down After Reporting Quarterly Results

India, April 13 -- Shares of Goldman Sachs Group, Inc. (GS) edged lower despite reporting strong first-quarter results.

The stock is currently trading at $878.70, down $29.10 or 3.21%, on the NYSE. It opened at $875.55 after closing the previous session at $907.80. The stock has traded between $492.69 and $984.70 over the past 52 weeks.

Goldman Sachs reported profit of $5.40 billion, or $17.55 per share, up from $4.58 billion, or $14.12 per share, last year.

Revenue rose 14% to $17.23 billion, driven by strength in Global Banking & Markets and Asset & Wealth Management.

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Published by HT Digital Content Services with permission from RTT News....