Shares of Berkshire Hathaway Inc. Cl B
BRK.B,
shed 0.37% to $309.63 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
rising 0.28% to 4,147.60 and the Dow Jones Industrial Average
DJIA,
rising 0.11% to 34,128.05. This was the stock’s second consecutive day of losses. Berkshire Hathaway Inc. Cl B closed $52.47 below its 52-week high ($362.10), which the company achieved on March 29th.
The stock underperformed when compared to some of its competitors Wednesday, as Honeywell International Inc.
HON,
rose 0.35% to $201.71, General Electric Co.
GE,
rose 1.47% to $84.77, and Illinois Tool Works Inc.
ITW,
rose 0.84% to $240.05. Trading volume (2.4 M) remained 1.2 million below its 50-day average volume of 3.6 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.
Credit: marketwatch.com