DJ Berkshire Hathaway Inc. Cl B Stock Rises Friday, Still Underperforms Market
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Shares of Berkshire Hathaway Inc. Cl B $(BRK.B)$ inched 0.07% higher to $400.87 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.26% to 5,127.79 and the Dow Jones Industrial Average rising 1.18% to 38,675.68.
This was the stock's third consecutive day of gains.
Berkshire Hathaway Inc. Cl B closed $29.13 below its 52-week high ($430.00), which the company achieved on February 26th.
The stock underperformed when compared to some of its competitors Friday, as GE Aerospace $(GE)$ rose 0.90% to $164.11, Honeywell International Inc. $(HON)$ rose 1.12% to $195.81, and Illinois Tool Works Inc. $(ITW)$ rose 0.78% to $243.92.
Trading volume (4.1 M) eclipsed its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 3, 2024.
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(END) Dow Jones Newswires
May 03, 2024 16:33 ET (20:33 GMT)
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