By Shares of Berkshire Hathaway Inc. Cl B (BRK.B) showed a positive trend on Thursday, edging 0.40% higher to reach $345.06. This came amidst a generally lackluster trading session for the stock market, with the S&P 500 Index (SPX) and the Dow Jones Industrial Average (DJIA) both experiencing slight declines of 0.13% and 0.03% respectively.
Continued Momentum
This marks the second consecutive day of gains for Berkshire Hathaway Inc. Cl B, which is a promising sign for investors. Despite the recent upswing, the stock closed $28.28 below its 52-week high ($373.34) that was achieved on September 19th.
Outperforming Competitors
On Thursday, Berkshire Hathaway Inc. Cl B outperformed some of its competitors in the market. While Honeywell International Inc. (HON) saw a decline of 1.36% to $180.02, General Electric Co. (GE) experienced a slight decrease of 0.12% to $108.72. In contrast, Illinois Tool Works Inc. (ITW) saw a modest increase of 0.33% to $232.83.
Steady Trading Volume
The trading volume for Berkshire Hathaway Inc. Cl B stood at 2.9 million shares, which was 241,354 shares below its 50-day average volume of 3.1 million.
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