Two Distressed Financial Names Rising Today (GS, STD, XLF)

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The Financial Select Sector SPDR ETF
XLF
, which tracks the performance of a basket of financial stocks, has fallen 0.55% to $14.39. Two financial stocks that have been under pressure recently that are outperforming today, however, are Goldman Sachs
GS
and Banco Santander
STD
. On the session, Goldman (
GS
) has gained 1.10% to $135.24. GS has been pummeled, however, over the last three months, as the stock has lost 22.06%. Spanish bank, Banco Santander
STD
is having a very strong day, gaining 4.34% to $10.34. In just the last 5 days, Banco Santander has surged nearly 16% as investors may be coming around to the conclusion that the steep sell off in the name was overdone. Over the last 6 months, STD has lost 36.76%.
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Posted In: Intraday UpdateMoversDiversified BanksFinancialsInvestment Banking & Brokerage
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