Hanesbrands Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Hanesbrands Inc. (HBI) slipped 0.14% to $7.36 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.61% to 32,033.28 and the S&P 500 Index falling 0.61% to 3,807.30. This was the stock's second consecutive day of losses. Hanesbrands Inc. closed $11.24 short of its 52-week high ($18.60), which the company achieved on November 5th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Ralph Lauren Corp. Cl A (RL) fell 1.82% to $91.82, PVH Corp. (PVH) fell 1.62% to $51.50, and Gildan Activewear Inc. (GIL.T) fell 0.50% to $31.65.true Trading volume (6.3 M) remained 1.9 million below its 50-day average volume of 8.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 27, 2022.
(END) Dow Jones Newswires
October 27, 2022 16:58 ET (20:58 GMT)
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