PVH Corp. Stock Falls Monday, Underperforms Market
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Shares of PVH Corp. (PVH) sank 0.26% to $52.78 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.96% to 3,806.80 and the Dow Jones Industrial Average rising 1.31% to 32,827.00. The stock's fall snapped a two-day winning streak. PVH Corp. closed $71.72 short of its 52-week high ($124.50), which the company reached on November 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as VF Corp. (VFC) fell 0.14% to $28.21, Ralph Lauren Corp. Cl A (RL) fell 0.52% to $94.57, and Hanesbrands Inc. (HBI) rose 1.43% to $7.07. Trading volume (884,339) remained 707,043 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2022.
(END) Dow Jones Newswires
November 07, 2022 17:19 ET (22:19 GMT)
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