Markets

Berkshire Hathaway Inc. Cl B stock underperforms Monday when compared to competitors

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Shares of Berkshire Hathaway Inc. Cl B
BRK.B,
-1.47%
slid 1.47% to $346.63 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+0.18%
rising 0.18% to 4,365.98 and the Dow Jones Industrial Average
DJIA,
+0.10%
rising 0.10% to 34,095.86.

The stock’s fall snapped a five-day winning streak.

Berkshire Hathaway Inc. Cl B closed $26.71 short of its 52-week high ($373.34), which the company achieved on September 19th.

The stock underperformed when compared to some of its competitors Monday, as Honeywell International Inc.
HON,
-0.79%
fell 0.79% to $187.50, General Electric Co.
GE,
+2.63%
rose 2.63% to $111.78, and Illinois Tool Works Inc.
ITW,
-0.84%
fell 0.84% to $231.15.

Trading volume (5.5 M) eclipsed its 50-day average volume of 3.2 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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