PVH Corp. Stock Falls Wednesday, Underperforms Market
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Shares of PVH Corp. (PVH) slid 4.50% to $50.24 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.08% to 3,748.57 and Dow Jones Industrial Average falling 1.95% to 32,513.94. This was the stock's third consecutive day of losses. PVH Corp. closed $74.26 short of its 52-week high ($124.50), which the company reached on November 18th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as VF Corp. (VFC) fell 5.78% to $26.90, Ralph Lauren Corp. Cl A (RL) fell 5.16% to $90.24, and Hanesbrands Inc. (HBI) fell 8.47% to $6.48.true Trading volume (1.0 M) remained 578,673 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2022.
(END) Dow Jones Newswires
November 09, 2022 17:19 ET (22:19 GMT)
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