By Shares of Berkshire Hathaway Inc. Cl B (BRK.B) continued their upwards trend, advancing by 1.13% and reaching $380.85 on Thursday. This positive performance was part of an overall favorable trading session for the stock market.
Market Performance Overview
The S&P 500 Index (SPX) experienced a 0.53% increase, closing at 4,894.16 points, while the Dow Jones Industrial Average (DJIA) rose by 0.64% to reach 38,049.13 points.
Breaking Records
Not only did Berkshire Hathaway Inc. Cl B show consistent growth for the sixth consecutive day, but it also hit a new milestone by surpassing its previous 52-week high of $377.79, which was achieved on January 24th.
Competitor Comparison
While Berkshire Hathaway performed well, its competitors had a mixed performance:
- Honeywell International Inc. (HON) saw a 1.35% increase, closing at $202.56.
- General Electric Co. (GE) remained unchanged.
- Illinois Tool Works Inc. (ITW) rose by 1.38%, reaching $262.18.
Impressive Trading Volume
Trading volume for Berkshire Hathaway reached 3.8 million shares, which was higher than its 50-day average volume of 3.4 million shares.
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