Berkshire Hathaway Inc. Cl B Stock Outperforms Market Despite Losses On The Day
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) slid 0.34% to $321.08 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,179.83 and Dow Jones Industrial Average falling 0.41% to 32,908.27.
The stock's fall snapped a two-day winning streak.
Berkshire Hathaway Inc. Cl B closed $12.86 below its 52-week high ($333.94), which the company reached on May 19th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Honeywell International Inc. (HON) fell 1.52% to $191.60, General Electric Co. (GE) fell 0.85% to $101.53, and Illinois Tool Works Inc. (ITW) fell 2.09% to $218.73.
Trading volume (5.8 M) eclipsed its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 31, 2023.
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May 31, 2023 16:42 ET (20:42 GMT)
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