Shares of Berkshire Hathaway Inc. Cl B (BRK.B) managed to inch 0.32% higher to $363.73 on Tuesday, despite an overall poor trading session for the stock market. The S&P 500 Index (SPX) fell 0.42% to 4,499.38, and the Dow Jones Industrial Average (DJIA) dropped 0.45% to 35,314.49.
Steady Progress Amidst Market Downturn
This marks the second consecutive day of gains for Berkshire Hathaway Inc. Cl B, affirming its resilience in the face of market volatility.
A Close Call on 52-Week High
Berkshire Hathaway Inc. Cl B closed at $0.90 below its 52-week high of $364.63, which it had achieved on August 7th.
Outperforming Competitors
In contrast to some of its competitors, Berkshire Hathaway Inc. Cl B showcased strength on Tuesday. Honeywell International Inc. (HON) fell 1.03% to $187.65, General Electric Co. (GE) dipped 1.03% to $113.55, and Illinois Tool Works Inc. (ITW) saw a decrease of 0.40% to $248.74.
Solid Trading Volume
The trading volume for Berkshire Hathaway Inc. Cl B reached 3.4 million shares, surpassing its 50-day average volume of the same value.
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