PVH Corp. Stock Falls Wednesday, Underperforms Market
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Shares of PVH Corp. (PVH) slipped 3.68% to $48.21 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.67% to 3,695.16 and Dow Jones Industrial Average falling 0.33% to 30,423.81. The stock's fall snapped a two-day winning streak. PVH Corp. closed $77.21 short of its 52-week high ($125.42), which the company achieved on November 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as VF Corp. (VFC) fell 4.08% to $28.45, Ralph Lauren Corp. Cl A (RL) fell 2.82% to $91.78, and Hanesbrands Inc. (HBI) fell 5.20% to $7.47. Trading volume (947,601) remained 624,350 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 19, 2022.
(END) Dow Jones Newswires
October 19, 2022 17:19 ET (21:19 GMT)
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