Hanesbrands Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Hanesbrands Inc. (HBI) rose 2.91% to $7.43 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.28% to 3,895.08 and the Dow Jones Industrial Average rising 2.13% to 33,630.61. This was the stock's sixth consecutive day of gains. Hanesbrands Inc. closed $9.88 below its 52-week high ($17.31), which the company reached on January 13th.
The stock outperformed some of its competitors Friday, as Berkshire Hathaway Inc. Cl A (BRKA) rose 1.75% to $481,955.00, Berkshire Hathaway Inc. Cl B (BRKA) rose 1.85% to $318.69, and VF Corp. (VFC) rose 0.31% to $29.54. Trading volume (7.2 M) remained 3.1 million below its 50-day average volume of 10.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 6, 2023.
(END) Dow Jones Newswires
January 06, 2023 16:59 ET (21:59 GMT)
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