Goldman Sachs (GS) Stock Lower Today Following Ratings Cut

April 17, 2015 2:53 PM

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Goldman Sachs (GS) Stock Lower Today Following Ratings Cut

Investment banking giant (GS) reported earnings that blew away analyst estimates. The March quarter came in at $5.94 vs. $4.02 year over year, and compared to expectations for $4.27.

The stock jumped briefly to $202.87 on the news, but closed the day down by $0.61, at $200.44. Was Wall Street crazy to yawn at such a fine start to 2015? Maybe not.

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