Berkshire Hathaway Inc. Cl B Stock Outperforms Competitors Despite Losses On The Day
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) sank 0.90% to $320.20 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.73% to 4,115.24 and Dow Jones Industrial Average falling 0.77% to 32,799.92.
This was the stock's third consecutive day of losses.
Berkshire Hathaway Inc. Cl B closed $13.74 short of its 52-week high ($333.94), which the company reached on May 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Honeywell International Inc. (HON) fell 1.60% to $191.86, General Electric Co. (GE) fell 0.71% to $100.98, and Illinois Tool Works Inc. (ITW) fell 0.48% to $221.98.
Trading volume (3.0 M) remained 549,074 below its 50-day average volume of 3.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2023.
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May 24, 2023 16:41 ET (20:41 GMT)
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