Shares of Berkshire Hathaway Inc. Cl B
BRK.B,
rose 1.12% to $327.39 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
rising 1.19% to 4,158.77 and the Dow Jones Industrial Average
DJIA,
rising 1.24% to 33,420.77.
This was the stock’s third consecutive day of gains.
Berkshire Hathaway Inc. Cl B closed $4.45 below its 52-week high ($331.84), which the company achieved on May 1st.
The stock underperformed when compared to some of its competitors Wednesday, as Honeywell International Inc.
HON,
rose 2.30% to $196.02, General Electric Co.
GE,
rose 2.31% to $103.47, and Illinois Tool Works Inc.
ITW,
rose 1.48% to $229.35.
Trading volume (3.0 M) remained 577,128 below its 50-day average volume of 3.6 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.
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