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Goldman Sachs Anticipates Market Recovery Following IPO Downturn
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Goldman Sachs anticipates market recovery following IPO downturn. The bank's CEO, David Solomon, expressed optimism during an earnings call. Goldman Sachs' stock price fell by 28% due to market conditions. However, the firm experienced a 26% increase in equity underwriting fees in Q3 of this year. Goldman Sachs' market capitalization stands at 113.68 billion USD, with a P/E ratio of 15.75. The company has actively bought back shares and maintained a strong dividend track record.
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How does Goldman Sachs plan to manage its partnerships with Apple and GM?
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