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Goldman Sachs stock slumps after reporting 13% dip in profits

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Goldman Sachs on Tuesday reported a 13 percent dip in profit as trading revenue slumped.
The quarterly results sharply missed analyst expectations, leading to investors …

Goldman Sachs on Tuesday reported a 13 percent dip in profit as trading revenue slumped. The quarterly results sharply missed analyst expectations, leading to investors to file out of the company’s stock on Tuesday. Shares were down more than 8 percent in morning trade, to around $350 each. The Wall Street giant on Tuesday posted $3.94 billion in profit, or $10.81 per share for the quarter ending Dec.

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