Berkshire Hathaway Inc. Reports Second Consecutive Day of Losses

Shares of Berkshire Hathaway Inc. Cl B (BRK.B) experienced a decline of 0.73% on Tuesday, bringing the stock to a price of $394.80. This decrease took place amidst a general downturn in the stock market, with the S&P 500 Index falling by 1.37% to reach 4,953.17, and the Dow Jones Industrial Average dropping by 1.35% to settle at 38,272.75.

It is worth noting that this marks the second consecutive day of losses for Berkshire Hathaway Inc. Cl B. The stock closed $4.68 short of its 52-week high of $399.48, which was achieved on February 12th.

In comparison to some of its competitors on Tuesday, Berkshire Hathaway Inc. Cl B displayed a mixed performance. Honeywell International Inc. (HON) saw a decline of 1.69% to reach $194.01, while General Electric Co. (GE) experienced a rise of 1.14% to reach $141.77. Illinois Tool Works Inc. (ITW) faced a drop of 1.83% to settle at $251.72.

Despite the decline in stock value, trading volume remained slightly below average at 3.4 million shares, which is 64,863 shares below its 50-day average volume of 3.5 million.