Hanesbrands Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Hanesbrands Inc. (HBI) slipped 3.99% to $6.50 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.54% to 3,963.94 and Dow Jones Industrial Average falling 1.45% to 33,849.46. Hanesbrands Inc. closed $11.31 short of its 52-week high ($17.81), which the company reached on December 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Berkshire Hathaway Inc. Cl A (BRKA) fell 1.25% to $472,712.01, Berkshire Hathaway Inc. Cl B (BRKA) fell 1.31% to $313.27, and VF Corp. (VFC) fell 5.62% to $32.41. Trading volume (7.5 M) remained 2.6 million below its 50-day average volume of 10.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 28, 2022.
(END) Dow Jones Newswires
November 28, 2022 17:04 ET (22:04 GMT)
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