Markets

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

Shares of Berkshire Hathaway Inc. Cl B
BRK.B,
-1.83%
slid 1.83% to $323.11 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
SPX,
-1.12%
falling 1.12% to 4,145.58 and Dow Jones Industrial Average
DJIA,
-0.69%
falling 0.69% to 33,055.51.

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

Berkshire Hathaway Inc. Cl B closed $10.83 below its 52-week high ($333.94), which the company achieved on May 19th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Honeywell International Inc.
HON,
-1.00%
fell 1.00% to $194.97, General Electric Co.
GE,
-2.73%
fell 2.73% to $101.70, and Illinois Tool Works Inc.
ITW,
-1.88%
fell 1.88% to $223.06.

Trading volume (4.0 M) eclipsed 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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