Goldman Sachs President Waldron Says It Will Be A Softer Quarter For Markets Business
Portfolio Pulse from Happy Mohamed
Goldman Sachs President John Waldron announced at Bernstein's 39th Annual Strategic Decisions Conference that the markets business is expected to experience a softer quarter.
June 01, 2023 | 2:32 pm
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NEGATIVE IMPACT
Goldman Sachs President John Waldron's statement about a softer quarter for the markets business may negatively impact the company's stock price in the short term.
Goldman Sachs President John Waldron's announcement about a softer quarter for the markets business may lead to lower revenues and profits for the company. This could result in a negative sentiment among investors, causing a short-term decline in the stock price of Goldman Sachs (GS).
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IMPORTANCE 80
RELEVANCE 100