Berkshire Hathaway Inc. Cl B Stock Rises Wednesday, Still Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Berkshire Hathaway Inc. Cl B (BRKA) rose 1.12% to $327.39 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,158.77 and the Dow Jones Industrial Average rising 1.24% to 33,420.77.
This was the stock's third consecutive day of gains.
Berkshire Hathaway Inc. Cl B closed $4.45 below its 52-week high ($331.84), which the company achieved on May 1st.
The stock underperformed when compared to some of its competitors Wednesday, as Honeywell International Inc. (HON) rose 2.30% to $196.02, General Electric Co. (GE) rose 2.31% to $103.47, and Illinois Tool Works Inc. (ITW) rose 1.48% to $229.35.
Trading volume (3.0 M) remained 577,128 below its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
May 17, 2023 16:42 ET (20:42 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.