Shares of Berkshire Hathaway Inc. Cl B (BRK.B) experienced a minor increase of 0.07% on Monday, reaching $341.13. This rise in stock value came amidst a generally positive trading session for the market as a whole. The S&P 500 Index (SPX) saw a 0.24% increase to reach 4,409.53, while the Dow Jones Industrial Average (DJIA) rose by 0.62% to 33,944.40.
Breaking the Losing Streak
This recent increase in Berkshire Hathaway Inc. Cl B stock marks a break from its three-day losing streak.
Close to the 52-Week High
Despite the positive movement, the stock closed at a value of $2.94 lower than its 52-week high of $344.07, which was achieved on July 7th.
Underperforming Compared to Competitors
In comparison to other competitors, Berkshire Hathaway Inc. Cl B did not perform as well on Monday. Honeywell International Inc. (HON) witnessed a 2.20% increase to reach $207.74, General Electric Co. (GE) rose by 2.16% to $110.53, and Illinois Tool Works Inc. (ITW) saw a 1.86% increase to reach $248.35.
Trading Volume Below Average
The trading volume for Berkshire Hathaway Inc. Cl B on Monday was at 2.9 million shares, which is slightly lower than its 50-day average volume of 3.3 million shares.
