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Shares of Berkshire Hathaway Inc. Cl B (BRKA) rallied 2.45% to $326.80 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.99% to 4,300.17 and the Dow Jones Industrial Average rising 2.81% to 34,061.06. This was the stock's second consecutive day of gains. Berkshire Hathaway Inc. Cl B closed $35.30 below its 52-week high ($362.10), which the company reached on March 29th.
The stock underperformed when compared to some of its competitors Wednesday, as Honeywell International Inc. (HON) rose 4.47% to $205.85, 3M Co. (MMM) rose 4.15% to $154.23, and General Electric Co. (GE) rose 3.57% to $80.43. Trading volume (4.2 M) remained 897,490 below its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 4, 2022.
(END) Dow Jones Newswires
May 04, 2022 16:41 ET (20:41 GMT)
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