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Shares of Hanesbrands Inc. (HBI) shed 3.56% to $7.31 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.83% to 3,958.79 and Dow Jones Industrial Average falling 0.12% to 33,553.83. Hanesbrands Inc. closed $10.56 below its 52-week high ($17.87), which the company achieved on November 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Ralph Lauren Corp. Cl A (RL) fell 3.61% to $100.12, PVH Corp. (PVH) fell 3.69% to $59.47, and Gildan Activewear Inc. (GIL.T) fell 2.43% to $28.05. Trading volume (10.5 M) eclipsed its 50-day average volume of 9.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 16, 2022.
(END) Dow Jones Newswires
November 16, 2022 16:57 ET (21:57 GMT)
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