Shares of Berkshire Hathaway Inc. Cl B (BRK.B) experienced a 0.50% increase, reaching $417.22 on Friday. This positive movement occurred during a day of overall gains in the stock market, with the S&P 500 Index rising 0.03% to 5,088.80 and the Dow Jones Industrial Average climbing 0.16% to 39,131.53.
Continual Growth
This marks the seventh consecutive day of gains for Berkshire Hathaway Inc. Cl B, showcasing its resilience and upward momentum in the market.
Setting New Records
In an impressive feat, the stock hit a new 52-week high, surpassing its previous peak of $416.26 that was reached on February 22nd, demonstrating its strength and potential for further growth.
Performance Comparison
When compared to some of its competitors on Friday, Berkshire Hathaway Inc. Cl B showed a mixed performance:
- Honeywell International Inc. (HON) dropped by 0.09% to $200.63
- General Electric Co. (GE) rose by 1.09% to $153.33
- Illinois Tool Works Inc. (ITW) increased by 0.56% to $260.13
Robust Trading Volume
The trading volume for Berkshire Hathaway Inc. Cl B reached 3.8 million shares on Friday, surpassing its 50-day average volume of 3.4 million shares, indicating a strong investor interest in the stock.
