Shares of Berkshire Hathaway Inc. Cl B (BRK.B) experienced a slight decline of 0.16% on Friday, closing at $340.90. This drop occurred amidst an overall grim trading session for the stock market. The S&P 500 Index fell by 0.29% to 4,398.95, while the Dow Jones Industrial Average saw a decline of 0.55%, closing at 33,734.88.
This was the third consecutive day of losses for Berkshire Hathaway Inc. Cl B. Despite this recent setback, the company still remains relatively close to its 52-week high of $342.50, which it achieved on June 30th.
In comparison to some of its competitors, Berkshire Hathaway Inc. Cl B had a mixed performance on Friday. Honeywell International Inc. (HON) fell by 0.37% to $203.26, whereas General Electric Co. (GE) experienced a rise of 0.84%, closing at $108.27. Similarly, Illinois Tool Works Inc. (ITW) saw a positive trend with an increase of 0.54%, reaching $243.81.
The trading volume for Berkshire Hathaway Inc. Cl B on Friday stood at 2.9 million shares, which was 442,705 shares below its 50-day average volume of 3.3 million shares.