Berkshire Hathaway Inc. Cl B Stock Falls Monday, Underperforms Market
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) shed 0.38% to $329.13 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.02% to 4,192.63 and the Dow Jones Industrial Average falling 0.42% to 33,286.58.
The stock's fall snapped a five-day winning streak.
Berkshire Hathaway Inc. Cl B closed $4.81 short of its 52-week high ($333.94), which the company reached on May 19th.
The stock underperformed when compared to some of its competitors Monday, as Honeywell International Inc. (HON) fell 0.21% to $196.93, General Electric Co. (GE) rose 0.28% to $104.55, and Illinois Tool Works Inc. (ITW) fell 0.31% to $227.33.
Trading volume (2.7 M) remained 871,068 below its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 22, 2023.
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May 22, 2023 16:42 ET (20:42 GMT)
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