Stock Market News – Berkshire Hathaway Inc. Cl B stock falls Thursday, underperforms market
COMPANY CLOSE UPDATES
Shares of Berkshire Hathaway Inc. Cl B BRK.B slumped 0.99% to $269.51 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.92% to 4,134.98 and Dow Jones Industrial Average DJIA falling 0.94% to 33,815.90. Berkshire Hathaway Inc. Cl B closed $3.46 short of its 52-week high ($272.97), which the company reached on April 16th.
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The stock underperformed when compared to some of its competitors Thursday, as Honeywell International Inc. HON fell 0.54% to $229.26, 3M Co. MMM rose 0.01% to $200.90, and General Electric Co. GE rose 0.45% to $13.41. Trading volume (3.6 M) remained 1.7 million below its 50-day average volume of 5.3 M.
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