Berkshire Hathaway Inc. Cl B Stock Rises Friday, Still Underperforms Market
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) rose 1.52% to $309.87 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.89% to 3,972.61 and the Dow Jones Industrial Average rising 1.00% to 33,375.49. The stock's rise snapped a five-day losing streak. Berkshire Hathaway Inc. Cl B closed $52.23 below 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 Friday, as Honeywell International Inc. (HON) rose 0.68% to $202.03, General Electric Co. (GE) rose 1.07% to $77.68, and Illinois Tool Works Inc. (ITW) rose 2.39% to $226.28. Trading volume (3.8 M) remained 13,519 below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 20, 2023.
(END) Dow Jones Newswires
January 20, 2023 16:42 ET (21:42 GMT)
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