Berkshire Hathaway Inc. Cl B Stock Rises Monday, Still Underperforms Market
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) inched 0.18% higher to $310.42 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,019.81 and the Dow Jones Industrial Average rising 0.76% to 33,629.56. This was the stock's second consecutive day of gains. Berkshire Hathaway Inc. Cl B closed $51.68 below its 52-week high ($362.10), which the company achieved on March 29th.
The stock underperformed when compared to some of its competitors Monday, as Honeywell International Inc. (HON) rose 1.20% to $204.46, General Electric Co. (GE) rose 2.69% to $79.77, and Illinois Tool Works Inc. (ITW) rose 1.21% to $229.01. Trading volume (3.1 M) remained 701,764 below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 23, 2023.
(END) Dow Jones Newswires
January 23, 2023 16:41 ET (21:41 GMT)
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