Shares of Berkshire Hathaway Inc. Cl B (BRK.B) experienced a slight decline of 0.11% on Monday, reaching $356.66. Unfortunately, this downward trend was part of an overall poor trading session for the stock market as a whole. The S&P 500 Index (SPX) fell by 0.54% to 4,569.78, while the Dow Jones Industrial Average (DJIA) also experienced a decrease of 0.11% to 36,204.44.
Consistent Decline
This marked the second consecutive day of losses for Berkshire Hathaway Inc. Cl B. However, it's important to note that it closed $16.68 below its 52-week high ($373.34), which it had achieved on September 19th.
Mixed Performance Compared to Competitors
In comparison to some of its competitors on Monday, Berkshire Hathaway Inc. Cl B demonstrated mixed performance. Honeywell International Inc. (HON) saw a slight increase of 0.29% to $198.36, whereas General Electric Co. (GE) experienced a decline of 0.79% to $121.53. On the other hand, Illinois Tool Works Inc. (ITW) had a positive day with a rise of 0.95% to $247.57.
Trading Volume
The trading volume for Berkshire Hathaway Inc. Cl B stood at 3.0 M shares, which was below its 50-day average volume of 3.1 M by 98,627 shares.
Bond Prices in Review
Our Latest News
Falling Revenues for Madison Square Garden Entertainment
Madison Square Garden Entertainment (MSG) reports a decline in revenues and a loss in Q4 despite live events since Covid-19 began.
Gold Prices Reach All-Time High
Gold prices surged to a record high as macroeconomic factors and market support drive investor interest. Impact of U.S. interest rates on gold prices and S&P 50...
Elon Musk's xAI Introduces Grok Chatbot to Compete with ChatGPT
Elon Musk's xAI has launched Grok chatbot to rival Microsoft's ChatGPT, though it may not pose significant competition. Grok promises wit and uniqueness.