Retail Favorites Decline 12%

Goldman Sachs' retail stock basket falls 12% this month Goldman Sachs' basket of retail favorite stocks has declined 12% this month through yesterday. This would mark the worst monthly performance since April 2022. The decline follows a couple of strong mon

Goldman Sachs’ retail stock basket falls 12% this month

Goldman Sachs’ basket of retail favorite stocks has declined 12% this month through yesterday.

This would mark the worst monthly performance since April 2022.

The decline follows a couple of strong months, during which momentum drove gains, but profit taking has now hit memory stocks.

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