Hanesbrands Inc. Stock Rises Tuesday, Outperforms Market
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Shares of Hanesbrands Inc. (HBI) inched 0.92% higher to $7.71 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.70% to 3,919.25 and the Dow Jones Industrial Average rising 0.56% to 33,704.10. This was the stock's eighth consecutive day of gains. Hanesbrands Inc. closed $9.60 below its 52-week high ($17.31), which the company reached on January 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Berkshire Hathaway Inc. Cl A (BRKA) rose 0.22% to $479,420.00, Berkshire Hathaway Inc. Cl B (BRKA) rose 0.26% to $316.35, and VF Corp. (VFC) rose 1.35% to $29.97. Trading volume (6.5 M) remained 3.9 million below its 50-day average volume of 10.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2023.
(END) Dow Jones Newswires
January 10, 2023 16:59 ET (21:59 GMT)
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