Shares of Berkshire Hathaway Inc. Cl B /zigman2/quotes/200060694/composite BRK.B +1.64% sank 0.17% to $308.64 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +1.06% rising 0.95% to 3,978.73 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.05% rising 0.60% to 32,120.28. This was the stock's second consecutive day of losses. Berkshire Hathaway Inc. Cl B closed $53.46 short of its 52-week high ($362.10), which the company reached on March 29th.
The stock underperformed when compared to some of its competitors Wednesday, as Honeywell International Inc. /zigman2/quotes/205583690/composite HON +0.75% rose 0.25% to $190.44, 3M Co. /zigman2/quotes/205029460/composite MMM -0.71% rose 0.03% to $145.79, and General Electric Co. /zigman2/quotes/208495069/composite GE -0.20% rose 0.01% to $74.53. Trading volume (3.7 M) remained 997,222 below its 50-day average volume of 4.7 M.