Shares of Berkshire Hathaway Inc. Cl B (BRK.B) showed resilience in the stock market, gaining 1.19% to close at $385.40 on Friday. Despite a mixed trading session, with the Dow Jones Industrial Average (DJIA) rising 0.16% to 38,109.43 and the S&P 500 Index (SPX) falling 0.07% to 4,890.97, Berkshire Hathaway Inc. Cl B continued its upward trajectory for the seventh consecutive day.
Impressively, Berkshire Hathaway Inc. Cl B reached a new 52-week high, surpassing its previous peak of $380.99 achieved on January 25th. This milestone reflects the steady growth and investor confidence in the company.
Comparatively, Berkshire Hathaway Inc. Cl B outperformed some of its competitors on Friday. Honeywell International Inc. (HON) experienced a decline of 0.38% to $201.80, while General Electric Co. (GE) saw a rise of 0.97% to $131.19, and Illinois Tool Works Inc. (ITW) increased by 0.09% to $262.41.
The trading volume for Berkshire Hathaway Inc. Cl B reached 3.6 million shares, surpassing its 50-day average volume of 3.4 million shares. This high level of activity indicates strong investor interest and support for the stock.
