Berkshire Hathaway Inc. Cl B Stock Rises Thursday, Still Underperforms Market
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) inched 0.64% higher to $323.12 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.99% to 4,221.02 and the Dow Jones Industrial Average rising 0.47% to 33,061.57.
Berkshire Hathaway Inc. Cl B closed $10.82 below its 52-week high ($333.94), which the company reached on May 19th.
The stock underperformed when compared to some of its competitors Thursday, as Honeywell International Inc. (HON) rose 1.18% to $193.86, General Electric Co. (GE) rose 3.09% to $104.67, and Illinois Tool Works Inc. (ITW) rose 1.49% to $221.98.
Trading volume (3.3 M) eclipsed its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2023.
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June 01, 2023 16:42 ET (20:42 GMT)
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