Berkshire Hathaway Inc. Cl B Stock Rises Tuesday, Still Underperforms Market
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) inched 0.26% higher to $316.35 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.70% to 3,919.25 and the Dow Jones Industrial Average rising 0.56% to 33,704.10. Berkshire Hathaway Inc. Cl B closed $45.75 below its 52-week high ($362.10), which the company reached on March 29th.
The stock underperformed when compared to some of its competitors Tuesday, as Honeywell International Inc. (HON) rose 0.32% to $211.34, General Electric Co. (GE) rose 3.58% to $75.27, and 3M Co. (MMM) rose 1.06% to $128.13. Trading volume (2.7 M) remained 1.2 million below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2023.
(END) Dow Jones Newswires
January 10, 2023 16:42 ET (21:42 GMT)
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