Goldman Sachs’ NEOS Bet Looks Smart as ETF Firm Posts 223% Organic Growth
NEOS posted a 223.3% one-year organic growth rate, the best among all issuers, according to Bloomberg, ahead of Goldman Sachs’ planned acquisition.
NEOS, a company that makes investment funds (ETFs—like baskets of stocks), is growing super fast. This suggests Goldman Sachs' choice to buy NEOS might turn out well, since lots of people want what NEOS sells.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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