Berkshire Hathaway Inc. Cl B stock rises Tuesday, still underperforms market

Shares of Berkshire Hathaway Inc. Cl B
BRK.B,
+0.53%
inched 0.53% higher to $338.63 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+0.73%
rising 0.73% to 4,247.68 and the Dow Jones Industrial Average
DJIA,
+0.62%
rising 0.62% to 33,141.38.

This was the stock’s second consecutive day of gains.

Berkshire Hathaway Inc. Cl B closed $34.71 short of its 52-week high ($373.34), which the company reached on September 19th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Honeywell International Inc.
HON,
+0.52%
rose 0.52% to $181.46, General Electric Co.
GE,
+6.50%
rose 6.50% to $113.62, and Illinois Tool Works Inc.
ITW,
+0.27%
rose 0.27% to $223.06.

Trading volume (2.2 M) remained 828,574 below its 50-day average volume of 3.1 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Read the full article here