Hanesbrands Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Hanesbrands Inc. (HBI) shed 0.75% to $6.61 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.39% to 3,949.94 and Dow Jones Industrial Average falling 0.13% to 33,700.28. This was the stock's fourth consecutive day of losses. Hanesbrands Inc. closed $11.20 short of its 52-week high ($17.81), which the company reached on December 9th.
Despite its losses, the stock outperformed some of its competitors Monday, as Ralph Lauren Corp. Cl A (RL) fell 1.65% to $101.17, PVH Corp. (PVH) fell 2.65% to $58.75, and Gildan Activewear Inc. (GIL.T) fell 1.60% to $28.22.true Trading volume (10.4 M) eclipsed its 50-day average volume of 10.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2022.
(END) Dow Jones Newswires
November 21, 2022 16:57 ET (21:57 GMT)
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