Stock Market News – Berkshire Hathaway Inc. Cl B stock falls Wednesday, underperforms market
COMPANY CLOSE UPDATES
Shares of Berkshire Hathaway Inc. Cl B BRK.B dropped 0.26% to $272.95 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.08% to 4,183.18 and Dow Jones Industrial Average DJIA falling 0.48% to 33,820.38. Berkshire Hathaway Inc. Cl B closed $1.21 below its 52-week high ($274.16), which the company reached on April 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Honeywell International Inc. HON fell 0.03% to $222.87, 3M Co. MMM rose 0.76% to $195.93, and General Electric Co. GE fell 2.15% to $13.20. Trading volume (3.1 M) remained 2.2 million below its 50-day average volume of 5.3 M.