PVH Corp. Stock Falls Monday, Underperforms Market
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Shares of PVH Corp. (PVH) shed 2.65% to $58.75 Monday, on what proved to be an all-around poor 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. The stock's fall snapped a two-day winning streak. PVH Corp. closed $61.99 short of its 52-week high ($120.74), which the company reached on November 23rd.
The stock underperformed when compared to some of its competitors Monday, as VF Corp. (VFC) fell 2.21% to $32.35, Ralph Lauren Corp. Cl A (RL) fell 1.65% to $101.17, and Hanesbrands Inc. (HBI) fell 0.75% to $6.61. Trading volume (662,145) remained 750,180 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2022.
(END) Dow Jones Newswires
November 21, 2022 17:18 ET (22:18 GMT)
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