PVH Corp. Stock Falls Tuesday, Underperforms Market
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Shares of PVH Corp. (PVH) dropped 0.32% to $52.61 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.56% to 3,828.11 and the Dow Jones Industrial Average rising 1.02% to 33,160.83. This was the stock's second consecutive day of losses. PVH Corp. closed $71.89 below its 52-week high ($124.50), which the company achieved on November 18th.
The stock underperformed when compared to some of its competitors Tuesday, as VF Corp. (VFC) rose 1.21% to $28.55, Ralph Lauren Corp. Cl A (RL) rose 0.61% to $95.15, and Hanesbrands Inc. (HBI) rose 0.14% to $7.08. Trading volume (978,633) remained 606,704 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2022.
(END) Dow Jones Newswires
November 08, 2022 17:19 ET (22:19 GMT)
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