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Shares of Hanesbrands Inc. (HBI) shed 4.35% to $6.60 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.50% to 3,759.69 and Dow Jones Industrial Average falling 1.55% to 32,147.76. Hanesbrands Inc. closed $12.00 short of its 52-week high ($18.60), which the company achieved on November 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Ralph Lauren Corp. Cl A (RL) fell 3.43% to $90.30, PVH Corp. (PVH) fell 4.99% to $49.70, and Gildan Activewear Inc. (GIL.T) fell 7.16% to $29.31. Trading volume (8.7 M) eclipsed its 50-day average volume of 8.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 2, 2022.
(END) Dow Jones Newswires
November 02, 2022 16:58 ET (20:58 GMT)
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