Berkshire Hathaway Inc. Cl B Stock Rises Friday, Still Underperforms Market
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) inched 0.75% higher to $310.36 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.39% to 4,023.89 and the Dow Jones Industrial Average rising 1.47% to 32,196.66. The stock's rise snapped a four-day losing streak. Berkshire Hathaway Inc. Cl B closed $51.74 below its 52-week high ($362.10), which the company achieved on March 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Honeywell International Inc. (HON) rose 0.32% to $193.53, 3M Co. (MMM) fell 0.19% to $149.30, and General Electric Co. (GE) rose 2.42% to $75.05. Trading volume (3.8 M) remained 1.1 million below its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 13, 2022.
(END) Dow Jones Newswires
May 13, 2022 16:41 ET (20:41 GMT)
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