Hanesbrands Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Hanesbrands Inc. (HBI) rose 2.13% to $6.23 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.11% to 33,241.56 and the S&P 500 Index falling 0.40% to 3,829.25. This was the stock's third consecutive day of gains. Hanesbrands Inc. closed $11.32 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 Tuesday, as Berkshire Hathaway Inc. Cl A (BRKA) fell 0.31% to $461,954.99, Berkshire Hathaway Inc. Cl B (BRKA) fell 0.31% to $305.55, and VF Corp. (VFC) rose 4.18% to $27.16. Trading volume (8.5 M) remained 1.8 million below its 50-day average volume of 10.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 27, 2022.
(END) Dow Jones Newswires
December 27, 2022 16:58 ET (21:58 GMT)
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