Berkshire Hathaway Inc. Cl B Stock Rises Thursday, Still Underperforms Market
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) inched 0.72% higher to $329.76 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.94% to 4,198.05 and the Dow Jones Industrial Average rising 0.34% to 33,535.91.
This was the stock's fourth consecutive day of gains.
Berkshire Hathaway Inc. Cl B closed $2.08 below its 52-week high ($331.84), which the company reached on May 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Honeywell International Inc. (HON) rose 1.14% to $198.25, General Electric Co. (GE) rose 0.52% to $104.01, and Illinois Tool Works Inc. (ITW) fell 0.74% to $227.66.
Trading volume (2.8 M) remained 809,861 below its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2023.
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May 18, 2023 16:42 ET (20:42 GMT)
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