Hanesbrands Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Hanesbrands Inc. (HBI) rose 3.30% to $6.26 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.75% to 3,849.28 and the Dow Jones Industrial Average rising 1.05% to 33,220.80. Hanesbrands Inc. closed $11.29 short of its 52-week high ($17.55), which the company achieved on January 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Berkshire Hathaway Inc. Cl A (BRKA) rose 1.94% to $468,725.01, Berkshire Hathaway Inc. Cl B (BRKA) rose 1.86% to $309.06, and VF Corp. (VFC) rose 6.11% to $27.44. Trading volume (7.8 M) remained 2.5 million below its 50-day average volume of 10.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 29, 2022.
(END) Dow Jones Newswires
December 29, 2022 16:58 ET (21:58 GMT)
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