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) slid 2.48% to $318.68 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 3.56% to 4,146.87 and Dow Jones Industrial Average falling 3.12% to 32,997.97. The stock's fall snapped a two-day winning streak. Berkshire Hathaway Inc. Cl B closed $43.42 short of its 52-week high ($362.10), which the company reached on March 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Honeywell International Inc. (HON) fell 3.88% to $197.87, 3M Co. (MMM) fell 3.09% to $149.46, and General Electric Co. (GE) fell 2.29% to $78.59. Trading volume (5.2 M) eclipsed its 50-day average volume of 5.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 5, 2022.
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(END) Dow Jones Newswires
May 05, 2022 16:41 ET (20:41 GMT)
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