Shares of Berkshire Hathaway Inc. Cl B (
BRK.B) experienced a slight uptick of 0.68% and reached a value of $350.56 on Friday. This positive movement coincided with an overall bullish trading session in the stock market. The S&P 500 Index (
SPX) surged by 1.56% to reach 4,415.24, while the Dow Jones Industrial Average (
DJIA) increased by 1.15% and settled at 34,283.10.
Steady Gains for Berkshire Hathaway Inc. Cl B
This marks the third consecutive day of gains for Berkshire Hathaway Inc. Cl B shares, highlighting its consistent positive trajectory in recent times. Although the stock closed $22.78 below its 52-week high of $373.34 (achieved on September 19th), the upward momentum is evident.
In comparison to its counterparts, Berkshire Hathaway Inc. Cl B underperformed on Friday. Honeywell International Inc. (
HON) observed a 1.65% increase, reaching $186.71. General Electric Co. (
GE) experienced a more significant rise of 1.93% and ended the day at $115.27, while Illinois Tool Works Inc. (
ITW) achieved a gain of 1.75% and closed at $232.49.
On Friday, the trading volume for Berkshire Hathaway Inc. Cl B was 3.5 million shares, slightly surpassing its 50-day average volume of 3.3 million shares.