Markets

Berkshire Hathaway Inc. Cl B stock rises Friday, still underperforms market

1 Mins read

Shares of Berkshire Hathaway Inc. Cl B
BRK.B,
+0.68%
inched 0.68% higher to $350.56 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+1.56%
rising 1.56% to 4,415.24 and the Dow Jones Industrial Average
DJIA,
+1.15%
rising 1.15% to 34,283.10.

This was the stock’s third consecutive day of gains.

Berkshire Hathaway Inc. Cl B closed $22.78 below its 52-week high ($373.34), which the company reached on September 19th.

The stock underperformed when compared to some of its competitors Friday, as Honeywell International Inc.
HON,
+1.65%
rose 1.65% to $186.71, General Electric Co.
GE,
+1.93%
rose 1.93% to $115.27, and Illinois Tool Works Inc.
ITW,
+1.75%
rose 1.75% to $232.49.

Trading volume (3.5 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.

Read the full article here

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