PVH Corp. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of PVH Corp. (PVH) rose 4.01% to $52.92 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.36% to 3,770.55 and the Dow Jones Industrial Average rising 1.26% to 32,403.22. This was the stock's second consecutive day of gains. PVH Corp. closed $72.50 below its 52-week high ($125.42), which the company reached on November 5th.
The stock underperformed when compared to some of its competitors Friday, as VF Corp. (VFC) rose 4.17% to $28.25, Ralph Lauren Corp. Cl A (RL) rose 4.81% to $95.06, and Hanesbrands Inc. (HBI) rose 4.19% to $6.97. Trading volume (857,988) remained 730,474 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2022.
(END) Dow Jones Newswires
November 04, 2022 17:19 ET (21:19 GMT)
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