Berkshire Hathaway Inc. Cl B Stock Rises Tuesday, Still Underperforms Market
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Shares of Berkshire Hathaway Inc. Cl B (BRKA) advanced 1.72% to $314.60 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.02% to 4,088.85 and the Dow Jones Industrial Average rising 1.34% to 32,654.59. Berkshire Hathaway Inc. Cl B closed $47.50 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 Tuesday, as Honeywell International Inc. (HON) rose 2.63% to $199.06, 3M Co. (MMM) rose 1.22% to $152.34, and General Electric Co. (GE) rose 2.37% to $76.40. Trading volume (4.1 M) remained 744,953 below its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2022.
(END) Dow Jones Newswires
May 17, 2022 16:41 ET (20:41 GMT)
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