Hanesbrands Inc. Stock Falls Monday, Underperforms Market

Artificial Intelligence Technology Solutions Inc

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Artificial Intelligence Technology Solutions Inc. is engaged in the delivery of artificial intelligence (AI) and robotic solutions for operational, security, and monitoring needs. The Company is focused on applying advanced AI-driven technologies, paired with multi-use hardware, and supported by custom software and cloud services, to intelligently automate and integrate a range of high-frequency security, concierge, and operational tasks. It owns and operates three wholly owned subsidiaries, which are Robotic Assistance Devices, Inc. (RAD I), Robotic Assistance Devices Group, Inc. (RAD G) and Robotic Assistance Devices Mobile, Inc. (RAD M). RAD I own the intellectual property related to RADSoC, RAD Mobile SOC, RADGuard, and their core operating architecture. RAD G is focused on the development of advanced software and electronics solutions. RAD M is focused on the development of autonomous mobile devices, both ground-based, and airborne. Its solutions are suited to various industries.

Hanesbrands Inc. Stock Falls Monday, Underperforms Market

4:58 pm ET November 14, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Hanesbrands Inc. (HBI) slid 5.28% to $7.36 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.89% to 3,957.25 and Dow Jones Industrial Average falling 0.63% to 33,536.70. The stock's fall snapped a two-day winning streak. Hanesbrands Inc. closed $10.64 short of its 52-week high ($18.00), which the company reached on November 15th.

The stock underperformed when compared to some of its competitors Monday, as Ralph Lauren Corp. Cl A (RL) fell 2.91% to $101.34, PVH Corp. (PVH) fell 4.03% to $59.23, and Gildan Activewear Inc. (GIL.T) fell 1.48% to $28.62. Trading volume (11.0 M) eclipsed its 50-day average volume of 9.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 2022.

(END) Dow Jones Newswires

November 14, 2022 16:58 ET (21:58 GMT)