Shares of Berkshire Hathaway Inc. Cl B (BRK.B) demonstrated resilience in the face of a gloomy trading session for the stock market on Friday. While the S&P 500 Index (SPX) fell by 0.48% to 5,005.57 and the Dow Jones Industrial Average (DJIA) dropped by 0.37% to 38,627.99, Berkshire Hathaway Inc. Cl B managed to inch 0.63% higher, reaching $405.99.
This marked the third consecutive day of gains for Berkshire Hathaway Inc. Cl B. Moreover, the company achieved yet another milestone by surpassing its previous 52-week high of $404.27, which was set on February 15th.
Notably, despite the declines seen in other market competitors, Berkshire Hathaway Inc. Cl B outperformed on Friday. Honeywell International Inc. (HON) dropped by 0.39% to $197.17, while General Electric Co. (GE) rose by 0.53% to $149.16, and Illinois Tool Works Inc. (ITW) fell by 1.13% to $253.92.
In terms of trading volume, Berkshire Hathaway Inc. Cl B witnessed an increase with a volume of 3.5 million, surpassing its 50-day average volume of 3.4 million.