Goldman Sachs Group (NYSE:GS) Buys Into Software Firm

Goldman Sachs Group (NYSE:GS) has bought a stake in software maker Management Dynamics Inc. Goldman Sachs Group (NYSE:GS) Buys Into Software Firm Goldman Sachs Group (NYSE:GS) has bought a stake in Management Dynamics, a logistics software provider company that helps importers and exporters automate shipments. Jim Preuninger, Chief Executive Officer of Management Dynamics said, “We plan to use the funds from Goldman Sachs Group (NYSE:GS) to make a strategic acquisition to expand our product portfolio and further distance ourselves from the competition." Goldman Sachs Group (NYSE:GS) stocks were at 160.27 at the end of the last day’s trading. There’s been a -2.3% change in the stock price over the past 3 months. Goldman Sachs Group (NYSE:GS) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.6 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.3 Zack’s Rank: 24 out of 33 in the industry
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