← The 100 companies
💼
Finance · #39 of 100
Goldman Sachs
An investment bank that helps companies and governments raise money and invest it.
📖 Its story
In 1869, Marcus Goldman, a German immigrant, started out in New York buying IOUs from merchants. Years later, his son-in-law Samuel Sachs joined the business. That's why the company is called Goldman Sachs.
💵 How it makes money
It charges fees for advising companies, buying and selling stocks and bonds, and managing investments.
🤯 Fun fact
The name brings together Marcus Goldman and his son-in-law Samuel Sachs, who became a partner in 1882.
👍 The good part
It helps companies get money to grow.
⚠️ The risk
When markets are nervous or there are few deals, it earns much less.
🧠 Did you get it?
Who was Samuel Sachs to Marcus Goldman?
Its stock
GS
on the NYSE stock exchange
$868.95
▼ 6.36% today
▼ 1.14% this year
In the game: 868.95 Monis per share (1 Moni = 1 dollar).
Price as of November 5 at 6:49 PM ET, delayed.
🗂️ Quick facts
- Founded in: 1869
- Founded by: Marcus Goldman
- Home: New York, New York, USA
🔎 How to find it on the stock market
- Search the internet for GS stock.
- You can also find it in your parents' investing app with the letters GS.
- Check how much one share costs and whether today it's green (went up) or red (went down).
🎮 Buy it in the game
Soon you'll be able to invest your Monis in Goldman Sachs. Ask your mom or dad to join the list.
Join the list