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Goldman’s Q3 Earnings Soar on Higher Underwriting, Equity Trading

Andrew Brunton
Goldman’s Q3 Earnings Soar on Higher Underwriting, Equity Trading

Goldman Sachs (GS) stock was up ~2% in the October 16 premarket trading session after the investment bank reported better-than-expected third-quarter earnings results on the day. Goldman Sachs’s top and bottom lines not only surpassed Wall Street analysts’ estimates but also marked significant YoY (year-over-year) improvement.