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Berkshire Hathaway Inc. Cl B stock falls Thursday, still outperforms market

Shares of Berkshire Hathaway Inc. Cl B
BRK.B,
-0.11%
sank 0.11% to $322.64 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-0.17%
falling 0.17% to 4,130.62 and Dow Jones Industrial Average
DJIA,
-0.66%
falling 0.66% to 33,309.51.

This was the stock’s third consecutive day of losses.

Berkshire Hathaway Inc. Cl B closed $9.20 short of its 52-week high ($331.84), which the company achieved on May 1st.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Honeywell International Inc.
HON,
-1.19%
fell 1.19% to $193.98, General Electric Co.
GE,
-0.03%
fell 0.03% to $99.51, and Illinois Tool Works Inc.
ITW,
-0.37%
fell 0.37% to $227.90.

Trading volume (2.5 M) remained 1.2 million below its 50-day average volume of 3.8 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 Manika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment...