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Shares of Hanesbrands Inc. (HBI) advanced 3.47% to $7.46 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.63% to 3,859.11 and the Dow Jones Industrial Average rising 1.07% to 31,836.74. Hanesbrands Inc. closed $11.14 short of its 52-week high ($18.60), which the company reached on November 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Ralph Lauren Corp. Cl A (RL) rose 5.22% to $93.81, PVH Corp. (PVH) rose 6.01% to $52.00, and Gildan Activewear Inc. (GIL.T) rose 2.48% to $31.81. Trading volume (8.1 M) remained 44,257 below its 50-day average volume of 8.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 25, 2022.
(END) Dow Jones Newswires
October 25, 2022 16:58 ET (20:58 GMT)
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