Markets

Berkshire Hathaway Inc. Cl B stock falls Monday, underperforms market

Shares of Berkshire Hathaway Inc. Cl B
BRK.B,
-0.38%
shed 0.38% to $329.13 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
SPX,
+0.02%
rising 0.02% to 4,192.63 and the Dow Jones Industrial Average
DJIA,
-0.42%
falling 0.42% to 33,286.58.

The stock’s fall snapped a five-day winning streak.

Berkshire Hathaway Inc. Cl B closed $4.81 short of its 52-week high ($333.94), which the company reached on May 19th.

The stock underperformed when compared to some of its competitors Monday, as Honeywell International Inc.
HON,
-0.21%
fell 0.21% to $196.93, General Electric Co.
GE,
+0.28%
rose 0.28% to $104.55, and Illinois Tool Works Inc.
ITW,
-0.31%
fell 0.31% to $227.33.

Trading volume (2.7 M) remained 871,068 below its 50-day average volume of 3.6 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.

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This article was written by Follow I’m Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared...

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