Shares of Berkshire Hathaway Inc. Cl B (BRK.B) experienced a modest increase of 0.72% on Wednesday, reaching $356.79. This positive movement occurred amidst a favorable trading session for the broader stock market. The S&P 500 Index (SPX) rose by 0.16% to 4,502.88, while the Dow Jones Industrial Average (DJIA) saw a 0.47% increase, ending at 34,991.21.
This marks the second consecutive day of gains for Berkshire Hathaway Inc. Cl B.
Despite the recent increase, the stock closed $16.55 below its 52-week high of $373.34, which it achieved on September 19th.
Interestingly, Berkshire Hathaway Inc. Cl B outperformed some of its competitors on Wednesday. Honeywell International Inc. (HON) saw a slight decline of 0.36%, settling at $189.55, while General Electric Co. (GE) experienced a 0.81% decrease, closing at $116.30. Conversely, Illinois Tool Works Inc. (ITW) observed a positive trend with a 0.46% rise, reaching $237.52.
Notably, the trading volume for Berkshire Hathaway Inc. Cl B reached 3.5 million shares, surpassing its 50-day average volume of 3.3 million shares.
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