Hanesbrands Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Hanesbrands Inc. (HBI) advanced 1.60% to $6.36 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.25% to 3,839.50 and Dow Jones Industrial Average falling 0.22% to 33,147.25. This was the stock's second consecutive day of gains. Hanesbrands Inc. closed $11.19 short of its 52-week high ($17.55), which the company reached on January 5th.
The stock outperformed some of its competitors Friday, as Berkshire Hathaway Inc. Cl A (BRKA) fell 0.00% to $468,710.96, Berkshire Hathaway Inc. Cl B (BRKA) fell 0.05% to $308.90, and VF Corp. (VFC) rose 0.62% to $27.61. Trading volume (7.6 M) remained 2.7 million below its 50-day average volume of 10.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2022.
(END) Dow Jones Newswires
December 30, 2022 16:58 ET (21:58 GMT)
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