On Thursday, shares of Berkshire Hathaway Inc. Cl B (BRK.B) experienced a slight decline of 0.84%, bringing the stock price to $363.68. This decrease occurred during a mixed trading session for the stock market. The Dow Jones Industrial Average (DJIA) saw a minimal increase of 0.03% to reach 37,440.34, while the S&P 500 Index (SPX) decreased by 0.34% to 4,688.68.
Despite this small setback, it is important to note that Berkshire Hathaway’s stock had been on a two-day winning streak prior to this decline. The stock closed $9.66 below its 52-week high of $373.34, which was reached on September 19th.
In comparison to some of its competitors, Berkshire Hathaway underperformed on Thursday. Companies such as Honeywell International Inc. (HON) saw a rise of 0.18% to $204.90, General Electric Co. (GE) saw a rise of 0.48% to $124.66, and Illinois Tool Works Inc. (ITW) saw a rise of 0.42% to $259.38.
It is also worth mentioning that the trading volume for Berkshire Hathaway exceeded its 50-day average volume, with a total of 4.0 million shares traded compared to the average of 3.3 million.