Shares of Berkshire Hathaway Inc. Cl B (BRK.B) experienced a 1.00% increase on Wednesday, reaching $397.66 in the stock market. This positive trend reflects an overall great trading session, with the S&P 500 Index (SPX) rising 0.82% to 4,995.06 and the Dow Jones Industrial Average (DJIA) rising 0.40% to 38,677.36.
Continual Gains for Berkshire Hathaway Inc. Cl B
This marks the fifth consecutive day of gains for Berkshire Hathaway Inc. Cl B, which is an impressive achievement in the current market climate. Furthermore, the stock has reached a new 52-week high, surpassing its previous peak of $393.93 set on February 6th.
Outperforming Competitors
On Wednesday, Berkshire Hathaway Inc. Cl B outperformed several notable competitors. Honeywell International Inc. (HON) saw a 0.24% increase to $194.10, General Electric Co. (GE) rose by 0.67% to $138.50, and Illinois Tool Works Inc. (ITW) experienced a slight decrease of 0.63% to $254.09.
Trading Volume and Market Data
The trading volume for Berkshire Hathaway Inc. Cl B remained at 3.4 million shares, which is slightly below the stock's 50-day average volume of 3.4 million shares.