Berkshire Hathaway Inc. Cl B Stock Outperforms Market Despite Losses On The Day
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) slid 0.39% to $324.87 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.46% to 4,119.17 and Dow Jones Industrial Average falling 0.17% to 33,561.81.
The stock's fall snapped a two-day winning streak.
Berkshire Hathaway Inc. Cl B closed $6.97 below its 52-week high ($331.84), which the company achieved on May 1st.
The stock underperformed when compared to some of its competitors Tuesday, as Honeywell International Inc. (HON) rose 0.09% to $197.13, General Electric Co. (GE) rose 0.08% to $101.00, and Illinois Tool Works Inc. (ITW) fell 0.17% to $228.25.
Trading volume (2.3 M) remained 1.6 million below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2023.
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May 09, 2023 16:42 ET (20:42 GMT)
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