Berkshire Hathaway Inc. Cl B Stock Underperforms Thursday When Compared To Competitors
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) shed 1.12% to $308.06 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.13% to 3,930.08 and Dow Jones Industrial Average falling 0.33% to 31,730.30. This was the stock's fourth consecutive day of losses. Berkshire Hathaway Inc. Cl B closed $54.04 short of its 52-week high ($362.10), which the company achieved on March 29th.
The stock underperformed when compared to some of its competitors Thursday, as Honeywell International Inc. (HON) rose 0.98% to $192.92, 3M Co. (MMM) rose 2.17% to $149.59, and General Electric Co. (GE) rose 1.16% to $73.28. Trading volume (5.7 M) eclipsed its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2022.
(END) Dow Jones Newswires
May 12, 2022 16:41 ET (20:41 GMT)
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