Berkshire Hathaway Inc. Cl B Stock Falls Thursday, Underperforms Market
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) slipped 0.30% to $310.95 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.10% to 4,060.43 and the Dow Jones Industrial Average rising 0.61% to 33,949.41. The stock's fall snapped a four-day winning streak. Berkshire Hathaway Inc. Cl B closed $51.15 short of its 52-week high ($362.10), which the company achieved on March 29th.
The stock underperformed when compared to some of its competitors Thursday, as Honeywell International Inc. (HON) rose 1.30% to $209.35, General Electric Co. (GE) rose 0.43% to $81.14, and Illinois Tool Works Inc. (ITW) rose 0.13% to $228.67. Trading volume (2.9 M) remained 843,801 below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 26, 2023.
(END) Dow Jones Newswires
January 26, 2023 16:42 ET (21:42 GMT)
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