Berkshire Hathaway Inc. Cl B Stock Falls Tuesday, Underperforms Market
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) slid 1.83% to $323.11 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.12% to 4,145.58 and Dow Jones Industrial Average falling 0.69% to 33,055.51.
This was the stock's second consecutive day of losses.
Berkshire Hathaway Inc. Cl B closed $10.83 below its 52-week high ($333.94), which the company achieved on May 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Honeywell International Inc. (HON) fell 1.00% to $194.97, General Electric Co. (GE) fell 2.73% to $101.70, and Illinois Tool Works Inc. (ITW) fell 1.88% to $223.06.
Trading volume (4.0 M) eclipsed its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 23, 2023.
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May 23, 2023 16:42 ET (20:42 GMT)
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