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Shares of Hanesbrands Inc. (HBI) advanced 2.99% to $7.58 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.87% to 3,991.73 and the Dow Jones Industrial Average rising 0.17% to 33,592.92. Hanesbrands Inc. closed $10.38 below its 52-week high ($17.96), which the company reached on November 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Ralph Lauren Corp. Cl A (RL) rose 2.50% to $103.87, PVH Corp. (PVH) rose 4.25% to $61.75, and Gildan Activewear Inc. (GIL.T) rose 0.45% to $28.75. Trading volume (10.1 M) eclipsed its 50-day average volume of 9.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2022.
(END) Dow Jones Newswires
November 15, 2022 16:58 ET (21:58 GMT)
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