Berkshire Hathaway Inc. Cl B Stock Falls Thursday, Still Outperforms Market
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) sank 0.11% to $322.64 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.17% to 4,130.62 and Dow Jones Industrial Average falling 0.66% to 33,309.51.
This was the stock's third consecutive day of losses.
Berkshire Hathaway Inc. Cl B closed $9.20 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 Thursday, as Honeywell International Inc. (HON) fell 1.19% to $193.98, General Electric Co. (GE) fell 0.03% to $99.51, and Illinois Tool Works Inc. (ITW) fell 0.37% to $227.90.
Trading volume (2.5 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 11, 2023.
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May 11, 2023 16:42 ET (20:42 GMT)
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