Berkshire Hathaway Inc. Cl B Stock Falls Friday, Still Outperforms Market
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) shed 0.05% to $322.49 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.16% to 4,124.08 and Dow Jones Industrial Average falling 0.03% to 33,300.62.
This was the stock's fourth consecutive day of losses.
Berkshire Hathaway Inc. Cl B closed $9.35 below 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 Friday, as Honeywell International Inc. (HON) fell 0.19% to $193.62, General Electric Co. (GE) fell 0.71% to $98.80, and Illinois Tool Works Inc. (ITW) rose 0.27% to $228.52.
Trading volume (1.9 M) remained 1.8 million below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2023.
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May 12, 2023 16:42 ET (20:42 GMT)
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