Here's Why Goldman Sachs Is Plunging Today
The stock market was having a rough start to the trading week on Tuesday, with all three major averages firmly in the red. However, investment banking giant Goldman Sachs (NYSE: GS) was a big underperformer. As of 10:45 a.m. ET, Goldman has fallen 8% for the day.
As you might expect given the time of year, earnings are to blame. Goldman Sachs reported its fourth-quarter earnings on Tuesday morning, and it's fair to say that investors are disappointed.
Image source: Getty Images.
Source Fool.com
