Shares of Berkshire Hathaway Inc. Cl B (BRK.B) saw a slight increase of 0.71% on Monday, reaching a price of $368.18. This positive performance came as part of a generally favorable trading session for the stock market as a whole.
Market Overview
The S&P 500 Index (SPX) experienced a significant rise of 1.41%, reaching 4,763.54. Similarly, the Dow Jones Industrial Average (DJIA) also saw growth, increasing by 0.58% to reach 37,683.01.
A Second Day of Gains for Berkshire Hathaway
This marks the second consecutive day of gains for Berkshire Hathaway's Cl B stock. It came close to its 52-week high at $373.34, falling just $5.16 short of reaching that mark. It had last achieved this high on September 19th.
Mixed Performance Compared to Competitors
When compared to some of its competitors, Berkshire Hathaway exhibited a mixed performance.
- Honeywell International Inc. (HON) saw a decrease of 0.43% to $202.66.
- General Electric Co. (GE) rose by 1.58% to $128.28.
- Illinois Tool Works Inc. (ITW) fell by 0.29% to $257.22.
Higher Trading Volume
The trading volume for Berkshire Hathaway Inc. Cl B reached 3.4 million shares, surpassing its 50-day average volume of 3.4 million shares.
Goldman Sachs Predicts Positive Outlook for UK Stocks
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