Hanesbrands Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Hanesbrands Inc. (HBI) rose 2.83% to $7.64 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.08% to 3,892.09 and Dow Jones Industrial Average falling 0.34% to 33,517.65. This was the stock's seventh consecutive day of gains. Hanesbrands Inc. closed $9.67 short of its 52-week high ($17.31), which the company reached on January 13th.
The stock outperformed some of its competitors Monday, as Berkshire Hathaway Inc. Cl A (BRKA) fell 0.74% to $478,384.90, Berkshire Hathaway Inc. Cl B (BRKA) fell 0.99% to $315.53, and VF Corp. (VFC) rose 0.10% to $29.57. Trading volume (11.3 M) eclipsed its 50-day average volume of 10.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 9, 2023.
(END) Dow Jones Newswires
January 09, 2023 16:58 ET (21:58 GMT)
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