Berkshire Hathaway Inc. Cl B Stock Outperforms Competitors Despite Losses On The Day
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) slipped 2.08% to $308.30 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.56% to 3,928.86 and Dow Jones Industrial Average falling 1.81% to 33,296.96. This was the stock's fourth consecutive day of losses. Berkshire Hathaway Inc. Cl B closed $53.80 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 Wednesday, as Honeywell International Inc. (HON) fell 3.77% to $204.24, General Electric Co. (GE) fell 1.52% to $79.27, and 3M Co. (MMM) fell 3.04% to $122.75. Trading volume (3.4 M) remained 377,505 below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2023.
(END) Dow Jones Newswires
January 18, 2023 16:42 ET (21:42 GMT)
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