By In a great trading session for the stock market, shares of Berkshire Hathaway Inc. Cl B (BRK.B) rose 1.13% to $357.06 on Monday. The S&P 500 Index (SPX) also experienced a positive trend, increasing by 0.39% to reach 4,622.44, while the Dow Jones Industrial Average (DJIA) rose 0.43% to reach 36,404.93.
Third Consecutive Day of Gains
This marks the third consecutive day of gains for Berkshire Hathaway Inc. Cl B. Despite closing $16.28 below its 52-week high of $373.34, which the company achieved on September 19th, the stock displayed considerable strength.
Mixed Performance Compared to Competitors
When compared to some of its competitors on Monday, Berkshire Hathaway showed a mixed performance. Honeywell International Inc. (HON) rose 2.97% to $200.39, Illinois Tool Works Inc. (ITW) increased by 0.32% to $250.40, while General Electric Co. (GE) suffered a slight decline of 0.26% to $120.28.
Trading Volume Remains Steady
Despite the positive movement, trading volume for Berkshire Hathaway Inc. Cl B remained consistent with its 50-day average volume of 3.1 M, with 3.1 M shares traded.
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