NEW YORK: Goldman Sachs Group Inc liquidated $10.5 billion worth of stocks in block trades as part of a selling spree that erased $35bn from the values of stocks of major companies, Bloomberg News reported on Saturday. The bank sold $6.6bn worth of shares of Baidu Inc, Tencent Music Entertainment Group and Vipshop Holdings Ltd, before the US market opened on Friday, …
Read More »Goldman sells $10.5bn of stocks in block-trade spree
March 28, 2021