Markets

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

1 Mins read

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

Related posts
Markets

U.K. pension funds to disclose domestic investment as London stock market falters

1 Mins read
Chancellor Jeremy Hunt on Saturday said U.K. pensions will have to disclose how much they have invested domestically, in a move meant…
Markets

Why the stock market ‘doesn’t look very bubbly’ to Ray Dalio right now

2 Mins read
“‘When I look at the U.S. stock market using these criteria, it — and even some of the parts that have rallied…
Markets

S&P 500 scores gains last seen in 1971 as AI hopes fuel ‘second’ leg of rally

1 Mins read
U.S. stocks kicked off March in fresh record territory, with the S&P 500 clinching another big week of gains.  On Friday the…
Get The Latest News

Subscribe to get the top fintech and
finance news and updates.

Leave a Reply

Your email address will not be published. Required fields are marked *