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
Gold Fields Misses Production Target for 2023
Gold Fields, the South African gold miner, has reported a slight miss on its production target for 2023. Costs have risen as anticipated. The all-in costs for 2...
Meta Platforms Inc. shares rally amidst a grim trading session
Meta Platforms Inc. shares rally by 4.40% amid a negative trading session. Outperforms competitors Apple, Microsoft, and Alphabet.
Severe U.S. Winter Weather Breaks Consumption Record, Natural Gas Prices Drop
Severe winter weather sets consumption record, lowers natural gas prices. Traders puzzled by decreased prices despite increased demand. Spot prices forecasted t...