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) shed 0.52% to $312.90 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.16% to 3,808.10 and Dow Jones Industrial Average falling 1.02% to 32,930.08. The stock's fall snapped a two-day winning streak. Berkshire Hathaway Inc. Cl B closed $49.20 short of 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 Thursday, as Honeywell International Inc. (HON) fell 2.65% to $204.47, General Electric Co. (GE) rose 1.55% to $71.29, and 3M Co. (MMM) fell 1.75% to $122.96. Trading volume (3.4 M) remained 502,293 below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 5, 2023.
(END) Dow Jones Newswires
January 05, 2023 16:42 ET (21:42 GMT)
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