Hanesbrands Inc. Stock Rises Thursday, Outperforms Market
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Shares of Hanesbrands Inc. (HBI) rallied 1.37% to $5.92 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.45% to 3,822.39 and Dow Jones Industrial Average falling 1.05% to 33,027.49. Hanesbrands Inc. closed $11.63 short of its 52-week high ($17.55), which the company reached on January 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Berkshire Hathaway Inc. Cl A (BRKA) fell 1.90% to $458,700.00, Berkshire Hathaway Inc. Cl B (BRKA) fell 1.67% to $302.69, and VF Corp. (VFC) rose 2.95% to $26.21. Trading volume (9.9 M) remained 251,255 below its 50-day average volume of 10.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 22, 2022.
(END) Dow Jones Newswires
December 22, 2022 16:59 ET (21:59 GMT)
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