Shares of Berkshire Hathaway Inc. Cl B (BRK.B) experienced a 0.77% increase, closing at $361.06 on Wednesday. This positive performance aligned with the overall favorable trading session in the stock market, with the S&P 500 Index (SPX) rising by 0.38% to 4,514.87 and the Dow Jones Industrial Average (DJIA) increasing by 0.11% to 34,890.24.
Continuation of a Winning Streak
This marks the second consecutive day of gains for Berkshire Hathaway Inc. Cl B.
Close to 52-Week High
The stock closed $3.57 below its 52-week high ($364.63), which was achieved on August 7th.
Mixed Performance Compared to Competitors
When compared to some of its competitors, the stock’s performance was mixed on Wednesday:
- Honeywell International Inc. (HON) fell 0.51% to $188.56
- General Electric Co. (GE) fell 0.88% to $114.31
- Illinois Tool Works Inc. (ITW) rose 1.07% to $248.27
Encouraging Trading Volume
The trading volume for Berkshire Hathaway Inc. Cl B stood at 3.0 million shares, surpassing its 50-day average volume of 2.9 million shares.
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