Berkshire Hathaway Inc. Cl B Stock Underperforms Wednesday When Compared To Competitors
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) slid 0.58% to $322.99 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.45% to 4,137.64 and the Dow Jones Industrial Average falling 0.09% to 33,531.33.
This was the stock's second consecutive day of losses.
Berkshire Hathaway Inc. Cl B closed $8.85 short of its 52-week high ($331.84), which the company achieved on May 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Honeywell International Inc. (HON) rose 0.11% to $197.34, General Electric Co. (GE) fell 1.45% to $99.54, and Illinois Tool Works Inc. (ITW) rose 0.22% to $228.75.
Trading volume (2.6 M) remained 1.2 million below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 10, 2023.
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May 10, 2023 16:42 ET (20:42 GMT)
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