Berkshire Hathaway Inc . (NYSE:BRKa) Cl B's shares fell for the third consecutive day on Friday, October 27, 2023, echoing a broader market slump. The shares dropped 1.32% to $331.71, leaving them $41.63 below their 52-week high reached on September 19th.
The broader market also took a hit, with the S&P 500 Index and Dow Jones Industrial Average falling by 0.48% and 1.12% respectively. The decline in Berkshire Hathaway's shares occurred in a dismal trading session that saw its trading volume of 3.5 million surpass its 50-day average volume of 3.1 million.
Among its rivals, Honeywell International (NASDAQ:HON) bucked the trend and rose by 0.53%. However, General Electric (NYSE:GE) and Illinois Tool Works (NYSE:ITW) were not as fortunate and declined by 2.25% and 0.40% respectively.
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