PVH Corp. Stock Rises Thursday, Outperforms Market
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Shares of PVH Corp. (PVH) climbed 11.96% to $56.25 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 5.54% to 3,956.37 and the Dow Jones Industrial Average rising 3.70% to 33,715.37. The stock's rise snapped a three-day losing streak. PVH Corp. closed $68.25 short of its 52-week high ($124.50), which the company achieved on November 18th.
The stock outperformed some of its competitors Thursday, as VF Corp. (VFC) rose 11.26% to $29.93, Ralph Lauren Corp. Cl A (RL) rose 5.77% to $95.45, and Hanesbrands Inc. (HBI) rose 4.94% to $6.80. Trading volume (1.4 M) remained 151,989 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 10, 2022.
(END) Dow Jones Newswires
November 10, 2022 17:19 ET (22:19 GMT)
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