HanesBrands Inc
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Consumer Discretionary : Textiles, Apparel & Luxury Goods | Small Cap Value
Company profile

Hanesbrands Inc. is a marketer of basic innerwear and activewear apparel in the Americas, Europe, Australia and Asia/Pacific under apparel brands, such as Hanes, Champion, Maidenform, DIM, Bali, Playtex, Bonds, JMS/Just My Size, Nur Die/Nur Der, L'eggs, Lovable, Wonderbra, Gear for Sports and Berlei. The Company operates through three segments: Innerwear, Activewear and International. The Innerwear segment focuses on core apparel products, such as intimate apparel, men's underwear, women's panties, children's underwear, socks and hosiery. The Company operates in the activewear market through its Champion, Hanes and JMS/Just My Size brands. The International segment includes products that primarily span across the innerwear and activewear segments.

Closing Price
Day's Change
0.76 (4.12%)
B/A Size
Day's High
Day's Low

10-day average volume:

UPDATE: Paul Tudor Jones says bitcoin 'reminds him of ...internet stocks of 1999'

10:11 am ET December 5, 2020 (MarketWatch)

By Mark DeCambre

'What you can be certain of is that probably 20 years from now, our kids and grandkids, whatever, all of us, we'll be using some type of digital currency' Jones says

That is billionaire investor Paul Tudor Jones in a Thursday interview on Yahoo Finance (https://finance.yahoo.com/news/paul-tudor-jones-on-bitcoin-180803661.html) expressing his optimism about bitcoin and its ilk.

The prominent hedge-fund luminary has been among the traditional investors who is considered in the decidedly bullish cryptocurrency camp.

Jones said he projects that the "path forward from here" for bitcoins, the No. 1 cryptocurrency in the world, is eventually "north."

Back in the late spring (https://www.marketwatch.com/story/hedge-fund-boss-who-called-the-87-crash-and-made-timely-call-on-gold-now-says-if-i-am-forced-to-forecast-my-bet-is-it-will-be-bitcoin-as-the-best-inflation-hedge-2020-05-07) Jones said, writing in a research note, that unprecedented money-printing and stimulus measures by the Federal Reserve and the U.S. government amid the COVID-19 pandemic were the key reasons behind his newfound appetite for the world's most prominent cryptocurrency.

At last check, bitcoin prices were changing hands at $19,410, up 0.9% on the day.

His comments come as bitcoin prices have surged more than 170% so far in 2020 amid a groundswell of institutional interest in the virtual currency that has only been around since 2009.

By comparison, the Dow Jones Industrial Average is up 5.4% so far this year, the S&P 500 index has gained nearly 14% during the same period and the Nasdaq Composite Index has advanced over 38% in the year to date. Gold(ABX.T), meanwhile, has climbed 21% thus far this year

-Mark DeCambre; 415-439-6400; AskNewswires@dowjones.com


(END) Dow Jones Newswires

December 05, 2020 10:11 ET (15:11 GMT)

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