Shares of Berkshire Hathaway Inc. Cl B (BRK.B) saw a 0.76% increase on Tuesday, reaching $393.74. This positive performance came amidst a great trading session for the overall stock market. The S&P 500 Index (SPX) rose by 0.23% to 4,954.23, while the Dow Jones Industrial Average (DJIA) saw a 0.37% increase, reaching 38,521.36.
Breaking Records
This marks the fourth consecutive day of gains for Berkshire Hathaway Inc. Cl B. In fact, the stock hit a new 52-week high, surpassing its previous peak of $393.37 which was attained on February 5th.
Outperforming Competitors
On Tuesday, Berkshire Hathaway Inc. Cl B outperformed some of its competitors. Honeywell International Inc. (HON) rose by 0.33% to $193.64, whereas General Electric Co. (GE) experienced a slight decrease of 0.09% to $137.58. Another competitor, Illinois Tool Works Inc. (ITW), saw a rise of 0.58% to $255.69.
Steady Trading Volume
The trading volume for Berkshire Hathaway Inc. Cl B remained at 2.5 million shares, which is lower than its 50-day average volume of 3.4 million shares.
