Connect with us

Hi, what are you looking for?

Markets

Berkshire Hathaway Inc. Cl B stock rises Tuesday, still underperforms market

Shares of Berkshire Hathaway Inc. Cl B
BRK.B,
+0.37%
inched 0.37% higher to $335.34 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+1.15%
rising 1.15% to 4,378.41 and the Dow Jones Industrial Average
DJIA,
+0.63%
rising 0.63% to 33,926.74.

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

Berkshire Hathaway Inc. Cl B closed $6.34 below its 52-week high ($341.68), which the company reached on June 15th.

The stock underperformed when compared to some of its competitors Tuesday, as Honeywell International Inc.
HON,
+0.38%
rose 0.38% to $203.34, General Electric Co.
GE,
+0.45%
rose 0.45% to $104.92, and Illinois Tool Works Inc.
ITW,
+1.77%
rose 1.77% to $249.62.

Trading volume (2.5 M) remained 843,318 below its 50-day average volume of 3.3 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

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

News

This article was written by Subscribe Wall Street Breakfast, Seeking Alpha’s flagship daily business news summary, is a one-page summary that gives you a...

Videos

Watch full video on YouTube