3 ms·
Goldman Loses $2.2B for Shareholders on NYT Op-Ed
- TDL 15y agoAbsolutely ridiculous. The media always attempts to assign a reason for the daily fluctuations of a stock or market movement. Some random employee leaving a firm most likely will not have a severe impact on a stock price. Furthermore, if you look at the price movement of GS the day before the article you see that GS rallied $3+ dollars into the close (short squeeze, day-traders, big player making a large buy, who knows) after gapping & steadily moving higher all day. I wonder why Business Week does not discuss the previous day's +~4.4% move. I wonder what they would have to say about today's +~2.2% move (so far) today? Apologies for the mini-rant, but as a trader these types of articles piss me off. This is link-bait, nothing more, nothing less.