Hanesbrands Inc. Stock Remains Steady Wednesday, Underperforms Market
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Shares of Hanesbrands Inc. (HBI) were unchanged Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. Hanesbrands Inc. closed $11.10 below its 52-week high ($17.81), which the company achieved on December 9th.
The stock underperformed when compared to some of its competitors Wednesday, as Ralph Lauren Corp. Cl A (RL) rose 0.83% to $107.10, PVH Corp. (PVH) rose 0.57% to $61.73, and Gildan Activewear Inc. (GIL.T) rose 0.45% to $28.85. Trading volume (7.2 M) remained 2.9 million below its 50-day average volume of 10.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 16:57 ET (21:57 GMT)
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