Hanesbrands Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Hanesbrands Inc. (HBI) advanced 5.82% to $6.73 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.40% to 3,824.14 and Dow Jones Industrial Average falling 0.03% to 33,136.37. This was the stock's third consecutive day of gains. Hanesbrands Inc. closed $10.82 short of its 52-week high ($17.55), which the company achieved on January 5th.
The stock outperformed some of its competitors Tuesday, as Berkshire Hathaway Inc. Cl A (BRKA) rose 0.17% to $469,525.00, Berkshire Hathaway Inc. Cl B (BRKA) rose 0.33% to $309.91, and VF Corp. (VFC) rose 0.47% to $27.74. Trading volume (10.9 M) eclipsed its 50-day average volume of 10.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 3, 2023.
(END) Dow Jones Newswires
January 03, 2023 16:58 ET (21:58 GMT)
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