ADVERTISEMENT

Goldman jumps the most since 2011


NEW YORK Goldman Sachs Group Inc. shares gained as much as 8.7 percent in Wednesday trading, the most intraday since October of 2011. 

The stock bounce comes after Wall Street analysts had become increasingly pessimistic about the bank’s prospects in the run-up to earnings, slashing estimates for Goldman’s fourth-quarter earnings-per-share by 29 percent, the most for a year-end quarter -- since 2011.

Corporate News

   

ADVERTISEMENT