Goldman Underperforms Market After Reporting Strong Earnings

After reporting apparently better than expected earnings this morning, Goldman Sachs Group Inc (NYSE:GS), the most prestigious investment bank in the world, is getting hit hard in early morning trading, down nearly 1.86 percent on the day at the same time the S&P 500 was close to break even.  The stock had been down nearly 4 percent but rebounded after word that the Fed might continue its quantitative easing injections into the market surfaced.

Goldman Sach’s stock underperforming after earnings

Great earnings news followed by the stock underperforming is always worth consideration. Could it be that such a reaction is really a...