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Shares of Berkshire Hathaway Inc. Cl B (BRKA) inched 0.32% higher to $323.53 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.30% to 4,136.28 and the Dow Jones Industrial Average rising 0.14% to 33,348.60.
The stock's rise snapped a four-day losing streak.
Berkshire Hathaway Inc. Cl B closed $8.31 short of its 52-week high ($331.84), which the company reached on May 1st.
The stock underperformed when compared to some of its competitors Monday, as Honeywell International Inc. (HON) rose 0.36% to $194.31, General Electric Co. (GE) rose 3.24% to $102.00, and Illinois Tool Works Inc. (ITW) rose 0.33% to $229.27.
Trading volume (2.2 M) remained 1.5 million below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 2023.
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May 15, 2023 16:42 ET (20:42 GMT)
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