Goldman Sachs 4Q earnings fall far short of forecasts on big credit provision By Investing.com

📆 17/01/2023 20:20:00
📰 Investingcom

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*GOLDMAN SACHS SHARES FALL ALMOST 5% AFTER Q4 EARNINGS FALL FAR SHORT OF FORECASTS $GS

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Most companies profits will fall big

If shares falling in value for not meeting forecasts is a predictable pattern, people having privy knowledge of the quarterly income not meeting expectations can short the companies stock and make a lot of money (not necessarily in their names). This system is certainly flawed.

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