Shares of Berkshire Hathaway Inc. Cl B (BRK.B) experienced a decline of 0.84% on Wednesday, reaching a price of $342.43. This dip came amidst an overall positive trading session for the stock market. The S&P 500 Index (SPX) rose by 0.24% to reach 4,565.72, while the Dow Jones Industrial Average (DJIA) increased by 0.31% to reach 35,061.21.
After two consecutive days of gains, this drop put an end to Berkshire Hathaway’s winning streak. The closing price of $342.43 was $4.82 short of its 52-week high of $347.25, which had been achieved on July 18th.
When compared to some of its competitors on Wednesday, Berkshire Hathaway’s performance was mixed. Honeywell International Inc. (HON) saw a minor decrease of 0.04% to reach $205.17, while General Electric Co. (GE) experienced a more significant decline of 1.05% to reach $109.89. On the other hand, Illinois Tool Works Inc. (ITW) saw a slight increase of 0.20% and reached $254.96.
The trading volume for Berkshire Hathaway Inc. Cl B was 3.0 million shares, which was 303,944 shares less than its 50-day average volume of 3.3 million shares.