Berkshire Hathaway Inc. Cl B Stock Falls Thursday, Underperforms Market
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) slid 1.67% to $302.69 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.45% to 3,822.39 and Dow Jones Industrial Average falling 1.05% to 33,027.49. The stock's fall snapped a three-day winning streak. Berkshire Hathaway Inc. Cl B closed $59.41 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) fell 1.30% to $212.31, General Electric Co. (GE) fell 1.46% to $81.77, and 3M Co. (MMM) fell 1.51% to $121.59. Trading volume (3.6 M) remained 480,400 below its 50-day average volume of 4.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 22, 2022.
(END) Dow Jones Newswires
December 22, 2022 16:42 ET (21:42 GMT)
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