News

Shares of Berkshire Hathaway Inc. Cl B Make a Solid Gain

1 Mins read

Shares of Berkshire Hathaway Inc. Cl B (BRK.B) saw a notable increase of 0.86% on Thursday, reaching $362.38. This positive movement aligns with the overall trend in the stock market, with the S&P 500 Index (SPX) rising 0.88% to 4,780.94 and the Dow Jones Industrial Average (DJIA) climbing 0.54% to 37,468.61.

Breaking the Losing Streak

The rise in Berkshire Hathaway Inc. Cl B’s stock marks a break from its two-day losing streak. Investors and shareholders are surely relieved to see this upward movement.

Not Far from the 52-Week High

While the stock fell just short of its 52-week high of $373.34, which it achieved on September 19th, it is still in a favorable position.

Underperformance Compared to Competitors

In comparison to some of its competitors, Berkshire Hathaway Inc. Cl B did not perform as well on Thursday. Honeywell International Inc. (HON) rose by 1.10% to $200.13, General Electric Co. (GE) increased by 1.32% to $128.55, and Illinois Tool Works Inc. (ITW) saw a gain of 1.02% to $252.78.

Trading Volume Remains Lower

The trading volume for Berkshire Hathaway Inc. Cl B stood at 2.9 million shares, which is below its 50-day average volume of 3.4 million shares by 430,044 shares.

Related posts
News

401(k)s Now Pull Double Duty as Emergency Funds | PYMNTS.com

2 Mins read
By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor,…
News

Cipher Mining ends board observer agreement with Bitfury Investors By Investing.com

2 Mins read
Cipher Mining Inc. (NASDAQ:CIFR), a cryptocurrency mining company with a market capitalization of $2.4 billion, announced that on Tuesday it entered into…
News

Tron Inc. Debuts on Nasdaq as Justin Sun Rings Opening Bell - TokenPost

1 Mins read
Tron Inc., the largest holder of TRX, has achieved a major milestone by officially listing on the Nasdaq exchange, marking a historic…

Leave a Reply

Your email address will not be published. Required fields are marked *

52 − 50 =