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Home News

Berkshire Hathaway Inc. Cl B Shares Inch Higher

by Myfxtools
September 6, 2023
in News
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Shares of Berkshire Hathaway Inc. Cl B (BRK.B) showed a modest increase of 0.33% on Wednesday, reaching $361.67. This gain came during a generally challenging trading session for the stock market, with both the S&P 500 Index (SPX) and the Dow Jones Industrial Average (DJIA) experiencing declines of 0.70% and 0.57% respectively.

Just Short of the 52-Week High

Berkshire Hathaway Inc. Cl B closed $4.80 below its impressive 52-week high of $366.47, achieved on September 5th.

Mixed Performance Compared to Competitors

When compared to some of its competitors, Berkshire Hathaway Inc. Cl B demonstrated a mixed performance on Wednesday. Honeywell International Inc. (HON) witnessed a 0.64% decrease to $184.51, while General Electric Co. (GE) saw a slight decline of 0.18% to $112.68. On the other hand, Illinois Tool Works Inc. (ITW) experienced a rise of 0.76% to $244.20.

Trading Volume and Averages

The trading volume for Berkshire Hathaway Inc. Cl B stood at 2.6 million shares, which is 194,188 shares less than its 50-day average volume of 2.8 million shares.

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