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International Business Times
International Business Times
Business

Goldman Sachs Stock Plunges 7.5% on Geopolitical Risks as U.S.-Iran Conflict Rattles Markets

Shares of The Goldman Sachs Group Inc. (NYSE: GS) tumbled more than 7% in the latest session as escalating U.S.-Israeli military operations against Iran and Tehran's retaliatory strikes injected fresh volatility into global markets, heightening concerns over energy supply disruptions, inflation pressures and broader economic fallout.

The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City

The investment bank's stock closed at $859.57 on Friday, Feb. 27, 2026, down $69.43 or 7.47% from the previous close of $929.00. Trading volume surged to 5.55 million shares, well above the average, reflecting heavy selling pressure. After-hours trading showed minimal recovery, with the price dipping slightly to around $859.49. As of early Monday trading in Asia and Europe, futures indicated continued weakness, with broader equity indices like the S&P 500 down over 1% amid risk-off sentiment.

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