Shares of Berkshire Hathaway Inc. Cl B BRK.B inched 0.60% higher to $269.14 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.11% to 4,170.42 and the Dow Jones Industrial Average DJIA rising 0.90% to 34,035.99. This was the stock's second consecutive day of gains. Berkshire Hathaway Inc. Cl B hit a new 52-week high, surpassing its previous peak of $268.44, which the company achieved on April 14th.
The stock outperformed some of its competitors Thursday, as Honeywell International Inc. HON rose 0.20% to $229.84, 3M Co. MMM rose 0.37% to $197.48, and General Electric Co. GE fell 0.95% to $13.55. Trading volume (3.4 M) remained 1.9 million below its 50-day average volume of 5.3 M.