- Wednesday, October 16, 2024
Shares of Berkshire Hathaway Inc. Cl B (BRK.B) experienced a slight decline of 0.43% on Tuesday, closing at $350.57. This drop occurred amidst an overall negative trading day for the stock market, with the S&P 500 Index (SPX) falling 0.28% to 4,387.55, and the Dow Jones Industrial Average (DJIA) declining by 0.51% to 34,288.83.
Six Consecutive Days of Losses
Notably, this marks the sixth consecutive day of losses for Berkshire Hathaway Inc. Cl B. The company's stock closed $14.06 below its 52-week high of $364.63, which it had reached on August 7th.
Mixed Performance Compared to Competitors
In comparison to its competitors, Berkshire Hathaway showed a mixed performance during Tuesday's trading session. Honeywell International Inc. (HON) saw a 0.50% decrease to $186.01, General Electric Co. (GE) experienced a 0.32% decline to $111.66, while Illinois Tool Works Inc. (ITW) managed a slight increase of 0.10% to $235.99.
Lower Trading Volume
The trading volume for Berkshire Hathaway Inc. Cl B stood at 2.3 million shares, which is significantly lower than its 50-day average volume of 3.2 million shares.
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