Berkshire Hathaway (NYSE:BRKa)'s stock broke its six-day losing streak on Wednesday, gaining 0.19% to reach $343.69 per share. Despite this rebound, the stock remained $29.65 below its peak in September, according to an analysis by Automated Insights using Dow Jones and FactSet data.
The rise in Berkshire Hathaway's shares coincided with a broader market upturn, with the S&P 500 and Dow Jones indices registering gains of 0.81% and 0.39% respectively on the same day.
However, compared to other industrial giants, Berkshire Hathaway's performance was relatively subdued. Honeywell (NASDAQ:HON), General Electric (NYSE:GE), and Illinois Tool Works (NYSE:ITW) all outperformed Berkshire Hathaway on Wednesday, posting gains of 0.75%, 1.01%, and 0.72% respectively.
In contrast to its muted price performance, Berkshire Hathaway's trading volume showed exceptional vigor. On Wednesday, the firm traded 3.2 million shares, surpassing its 50-day average trading volume.
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