Markets

Berkshire Hathaway Inc. Cl B stock outperforms market despite losses on the day

1 Mins read

Shares of Berkshire Hathaway Inc. Cl B
BRK.B,
-1.30%
shed 1.30% to $340.89 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-1.34%
falling 1.34% to 4,314.60 and Dow Jones Industrial Average
DJIA,
-0.98%
falling 0.98% to 33,665.08.

This was the stock’s second consecutive day of losses.

Berkshire Hathaway Inc. Cl B closed $32.45 below its 52-week high ($373.34), which the company achieved on September 19th.

Despite its losses, the stock outperformed some of its competitors Wednesday, as Honeywell International Inc.
HON,
-1.53%
fell 1.53% to $183.47, General Electric Co.
GE,
-2.23%
fell 2.23% to $107.57, and Illinois Tool Works Inc.
ITW,
-4.20%
fell 4.20% to $225.41.

Trading volume (3.0 M) remained 136,017 below its 50-day average volume of 3.1 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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