Shares of Berkshire Hathaway Inc. Cl B (BRK.B) experienced a slight increase of 0.56% on Wednesday, reaching $362.03. This gain coincided with a highly positive trading day for the overall stock market, as the S&P 500 Index (SPX) rose by 1.37% to 4,707.09, and the Dow Jones Industrial Average (DJIA) saw a 1.40% increase to 37,090.24.
This marked the fifth consecutive day of gains for the company’s stock. However, it is important to note that Berkshire Hathaway Inc. Cl B closed $11.31 below its 52-week high of $373.34, which was achieved on September 19th.
When compared to some of its competitors, the performance of Berkshire Hathaway Inc. Cl B stock was mixed. Honeywell International Inc. (HON) saw an increase of 0.78%, reaching $203.08, while General Electric Co. (GE) experienced a decrease of 0.93%, closing at $121.18. Meanwhile, Illinois Tool Works Inc. (ITW) demonstrated a modest rise of 0.33%, reaching $252.59.
Despite these fluctuations, the trading volume for Berkshire Hathaway Inc. Cl B remained slightly below average, with 3.0 M shares traded compared to its 50-day average volume of 3.1 M.
