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AmextaFinance > Markets > Berkshire Hathaway Inc. Cl B stock underperforms Monday when compared to competitors despite daily gains
Markets

Berkshire Hathaway Inc. Cl B stock underperforms Monday when compared to competitors despite daily gains

News Room
Last updated: 2023/05/16 at 12:40 AM
By News Room
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Shares of Berkshire Hathaway Inc. Cl B
BRK.B,
+0.32%
inched 0.32% higher to $323.53 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+0.30%
rising 0.30% to 4,136.28 and the Dow Jones Industrial Average
DJIA,
+0.14%
rising 0.14% to 33,348.60.

The stock’s rise snapped a four-day losing streak.

Berkshire Hathaway Inc. Cl B closed $8.31 short of its 52-week high ($331.84), which the company reached on May 1st.

The stock underperformed when compared to some of its competitors Monday, as Honeywell International Inc.
HON,
+0.36%
rose 0.36% to $194.31, General Electric Co.
GE,
+3.24%
rose 3.24% to $102.00, and Illinois Tool Works Inc.
ITW,
+0.33%
rose 0.33% to $229.27.

Trading volume (2.2 M) remained 1.5 million below its 50-day average volume of 3.7 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Read the full article here

News Room May 16, 2023 May 16, 2023
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