Berkshire Hathaway Inc. Cl B Stock Outperforms Market Despite Losses On The Day
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) slumped 0.63% to $300.00 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.11% to 3,852.36 and Dow Jones Industrial Average falling 0.85% to 32,920.46. This was the stock's third consecutive day of losses. Berkshire Hathaway Inc. Cl B closed $62.10 short of its 52-week high ($362.10), which the company reached on March 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Honeywell International Inc. (HON) rose 0.37% to $209.74, General Electric Co. (GE) fell 1.47% to $77.65, and 3M Co. (MMM) fell 0.56% to $121.69. Trading volume (8.3 M) eclipsed its 50-day average volume of 4.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2022.
(END) Dow Jones Newswires
December 16, 2022 16:41 ET (21:41 GMT)
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