Goldman Sachs Stock Skids On Q4 Miss, Morgan Stanley Tops Expectations

Morgan Stanley (MS) and Goldman Sachs (GS) announced their fourth-quarter earnings results Tuesday morning. JPMorgan (JPM), Wells Fargo (WFC), Bank of America (BAC) and Citigroup (C) recorded mixed results on Friday. Morgan Stanley stock Tuesday morning after just beating results. And Goldman Sachs stock fell in early trading after recording a massive drop in earnings.

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Banks saw surges in deposits and investments during the coronavirus pandemic’s era of low interest rates and…