PVH Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of PVH Corp. (PVH) slipped 4.99% to $49.70 Wednesday, on what proved to be an all-around poor 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. PVH Corp. closed $75.72 short of its 52-week high ($125.42), which the company reached on November 5th.
The stock underperformed when compared to some of its competitors Wednesday, as VF Corp. (VFC) fell 3.95% to $27.50, Ralph Lauren Corp. Cl A (RL) fell 3.43% to $90.30, and Hanesbrands Inc. (HBI) fell 4.35% to $6.60. Trading volume (755,452) remained 830,985 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 2, 2022.
(END) Dow Jones Newswires
November 02, 2022 17:19 ET (21:19 GMT)
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