Berkshire Hathaway Inc. Cl B Stock Outperforms Market On Strong Trading Day
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) inched 0.07% higher to $323.75 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.64% to 4,109.90 and Dow Jones Industrial Average falling 1.01% to 33,012.14.
This was the stock's second consecutive day of gains.
Berkshire Hathaway Inc. Cl B closed $8.09 short of its 52-week high ($331.84), which the company achieved on May 1st.
The stock outperformed some of its competitors Tuesday, as Honeywell International Inc. (HON) fell 1.39% to $191.61, General Electric Co. (GE) fell 0.85% to $101.13, and Illinois Tool Works Inc. (ITW) fell 1.43% to $226.00.
Trading volume (2.1 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 16, 2023.
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May 16, 2023 16:42 ET (20:42 GMT)
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