Berkshire Hathaway Inc. Cl B Stock Falls Thursday, Underperforms Market
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) sank 0.45% to $318.93 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.34% to 3,983.17 and the Dow Jones Industrial Average rising 0.64% to 34,189.97. The stock's fall snapped a two-day winning streak. Berkshire Hathaway Inc. Cl B closed $43.17 below its 52-week high ($362.10), which the company reached on March 29th.
The stock underperformed when compared to some of its competitors Thursday, as Honeywell International Inc. (HON) rose 1.73% to $215.98, General Electric Co. (GE) rose 1.51% to $78.86, and 3M Co. (MMM) rose 0.18% to $129.35. Trading volume (3.1 M) remained 781,316 below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 12, 2023.
(END) Dow Jones Newswires
January 12, 2023 16:41 ET (21:41 GMT)
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