PVH Corp. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of PVH Corp. (PVH) advanced 9.72% to $61.72 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.92% to 3,992.93 and the Dow Jones Industrial Average rising 0.10% to 33,747.86. This was the stock's second consecutive day of gains. PVH Corp. closed $62.78 short of its 52-week high ($124.50), which the company achieved on November 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as VF Corp. (VFC) rose 11.39% to $33.34, Ralph Lauren Corp. Cl A (RL) rose 9.36% to $104.38, and Hanesbrands Inc. (HBI) rose 14.26% to $7.77. Trading volume (1.4 M) remained 112,966 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2022.
(END) Dow Jones Newswires
November 11, 2022 17:19 ET (22:19 GMT)
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