Shares of Berkshire Hathaway Inc. Cl B (BRK.B) advanced 1.05% to $354.26 on Wednesday, marking a positive trading session for the stock market.
Positive Performance in the Market
During the trading session, the S&P 500 Index (SPX) rose 1.10%, reaching 4,436.01. Similarly, the Dow Jones Industrial Average (DJIA) experienced a 0.54% increase, closing at 34,472.98.
This rise in share price for Berkshire Hathaway Inc. Cl B put an end to its six-day losing streak.
Close to 52-Week High
Berkshire Hathaway Inc. Cl B closed only $10.37 below its 52-week high, which was achieved on August 7th and amounted to $364.63.
Mixed Performance Compared to Competitors
In comparison to its competitors, Berkshire Hathaway Inc. Cl B demonstrated a mixed performance on Wednesday.
- Honeywell International Inc. (HON) rose 0.58%, reaching $187.08.
- General Electric Co. (GE) experienced a 1.62% increase, closing at $113.47.
- Illinois Tool Works Inc. (ITW) saw a rise of 2.03%, closing at $240.77.
The trading volume for Berkshire Hathaway Inc. Cl B on Wednesday was 2.2 M, which was slightly lower than its 50-day average volume of 3.2 M.