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

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

Shares of Berkshire Hathaway Inc. Cl B BRK.B, +1.61% advanced 1.61% to $281.04 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +1.83% rising 1.83% to 3,979.87 and the Dow Jones Industrial Average DJIA, +1.40% rising 1.40% to 31,581.28. The stock’s rise snapped a two-day losing streak. Berkshire Hathaway Inc. Cl B closed $81.06 below its 52-week high ($362.10), which the company reached on March 29th.

The stock underperformed when compared to some of its competitors Wednesday, as Honeywell International Inc. HON, +1.88% rose 1.88% to $189.09, 3M Co. MMM, +3.39% rose 3.39% to $120.55, and General Electric Co. GE, +1.97% rose 1.97% to $73.58. Trading volume (3.5 M) remained 194,608 below its 50-day average volume of 3.7 M.

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