Berkshire Hathaway Inc. Cl B Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) inched 0.66% higher to $302.00 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.10% to 3,821.62 and the Dow Jones Industrial Average rising 0.28% to 32,849.74. This was the stock's second consecutive day of gains. Berkshire Hathaway Inc. Cl B closed $60.10 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 Tuesday, as Honeywell International Inc. (HON) rose 0.99% to $211.49, General Electric Co. (GE) rose 2.91% to $80.33, and 3M Co. (MMM) fell 1.08% to $120.81. Trading volume (3.1 M) remained 951,802 below its 50-day average volume of 4.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2022.
(END) Dow Jones Newswires
December 20, 2022 16:41 ET (21:41 GMT)
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