News
James B. Bell
- September 08, 2023
Shares of Berkshire Hathaway Inc. Cl B (BRK.B) witnessed a modest increase of 0.37% on Friday, reaching a price of $363.15. This positive movement aligned with a favorable trading session for the overall stock market. The S&P 500 Index (SPX) rose by 0.14% to reach 4,457.49, while the Dow Jones Industrial Average (DJIA) experienced a 0.22% increase, closing at 34,576.59.
Continuing its upward trajectory, this marks the third consecutive day of gains for Berkshire Hathaway Inc. Cl B.
Although the stock closed $3.32 below its 52-week high on September 5th, investors remain optimistic about its potential.
In comparison to some of its competitors, Berkshire Hathaway Inc. Cl B outperformed Honeywell International Inc. (HON), as it witnessed a rise of 0.22% to $184.52. Meanwhile, General Electric Co. (GE) saw a slight decline of 0.06% to $111.72, and Illinois Tool Works Inc. (ITW) experienced a minimal increase of 0.02% to $238.45.
The trading volume of Berkshire Hathaway Inc. Cl B marked a notable increase, with 3.0 million shares being exchanged, surpassing its 50-day average volume of 2.8 million shares.
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