Shares of Berkshire Hathaway Inc. Cl B /zigman2/quotes/200060694/composite BRK.B +0.61% rallied 2.38% to $271.78 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -0.11% rising 1.97% to 3,719.04 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.29% rising 1.88% to 29,683.74. This was the stock's second consecutive day of gains. Berkshire Hathaway Inc. Cl B closed $90.32 below its 52-week high ($362.10), which the company achieved on March 29th.
The stock outperformed some of its competitors Wednesday, as Honeywell International Inc. /zigman2/quotes/205583690/composite HON -0.22% rose 2.21% to $173.83, 3M Co. /zigman2/quotes/205029460/composite MMM +0.43% rose 1.66% to $114.28, and General Electric Co. /zigman2/quotes/208495069/composite GE -1.85% fell 0.02% to $64.46. Trading volume (5.9 M) eclipsed its 50-day average volume of 3.9 M.