Business
Goldman Sachs rises 1% as CEO talks investor concerns. What pros say
Market Movers rounded up the latest reactions on Goldman Sachs from investors and analysts. The pros, including Jim Cramer , discussed the investment bank after CEO David Solomon addressed Wall Street’s concerns about his company in an interview with CNBC . He responded to recent negative news reports on his leadership style at the firm. Goldman’s CEO also said he remains optimistic for capital market performance with a slew of tech initial public offerings looming. The stock ended Friday with a 1.1% gain, but it’s down more than 5% for the year.
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