Shares of Berkshire Hathaway Inc. Cl B (BRK.B) experienced a slight increase of 0.09%, reaching $352.70 on Thursday. The stock saw a positive trading session, reflecting the overall favorable performance of the stock market. The S&P 500 Index (SPX) rose by 0.80% to reach 4,585.59, while the Dow Jones Industrial Average (DJIA) increased by 0.17% to reach 36,117.38.
Snapping a Four-Day Losing Streak
This rise in Berkshire Hathaway’s stock puts an end to a four-day losing streak. The company’s closing price of $352.70 was $20.64 below its 52-week high of $373.34, which was achieved on September 19th.
Mixed Performance Compared to Competitors
In comparison to its competitors, Berkshire Hathaway Inc. Cl B showed a mixed performance on Thursday. Honeywell International Inc. (HON) remained unchanged, General Electric Co. (GE) fell by 0.28% to $119.48, and Illinois Tool Works Inc. (ITW) rose by 0.28% to $247.57.
Trading Volume and Averages
The trading volume for Berkshire Hathaway Inc. Cl B was 2.7 million shares, which falls short of its 50-day average volume of 3.1 million shares by 468,745 shares.
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