Shares of Berkshire Hathaway Inc. Cl B
BRK.B,
slid 1.57% to $358.02 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
falling 0.70% to 4,467.71 and Dow Jones Industrial Average
DJIA,
falling 0.54% to 35,123.36.
The stock’s fall snapped a two-day winning streak.
Berkshire Hathaway Inc. Cl B closed $6.61 below its 52-week high ($364.63), which the company reached on August 7th.
The stock underperformed when compared to some of its competitors Wednesday, as Honeywell International Inc.
HON,
rose 0.85% to $189.24, General Electric Co.
GE,
fell 1.22% to $112.17, and Illinois Tool Works Inc.
ITW,
fell 0.74% to $246.90.
Trading volume (4.3 M) eclipsed 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.
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