Hanesbrands Inc. Stock Rises Wednesday, Outperforms Market

Wesco International Inc

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Industrials : Trading Companies & Distributors | Mid Cap Blend

Company profile

WESCO International, Inc. is a provider of business-to-business distribution, logistics services and supply chain solutions. The Company conducts its business through three segments: Electrical & Electronic Solutions (EES), Communications & Security Solutions (CSS) and Utility & Broadband Solutions (UBS). The EES segment supplies a range of products and solutions primarily to the construction, industrial and original equipment manufacturer (OEM) markets. Its EES segment supplies various products, including electrical equipment and supplies, automation and connected devices (the Internet of Things), security, lighting, wire and cable, safety, and maintenance, repair and operating (MRO) products. Its CSS segment operates in the network infrastructure and security markets. The UBS segment provides products and services to investor-owned utilities, public power companies, including municipalities, as well as global service providers, wireless providers and broadband operators.

Hanesbrands Inc. Stock Rises Wednesday, Outperforms Market

4:59 pm ET January 11, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Hanesbrands Inc. (HBI) rallied 4.15% to $8.03 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.28% to 3,969.61 and the Dow Jones Industrial Average rising 0.80% to 33,973.01. This was the stock's ninth consecutive day of gains. Hanesbrands Inc. closed $9.28 short of its 52-week high ($17.31), which the company achieved on January 13th.

The stock outperformed some of its competitors Wednesday, as Berkshire Hathaway Inc. Cl A (BRKA) rose 0.95% to $483,990.00, Berkshire Hathaway Inc. Cl B (BRKA) rose 1.27% to $320.37, and VF Corp. (VFC) rose 0.70% to $30.18. Trading volume (7.2 M) remained 3.3 million below its 50-day average volume of 10.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 11, 2023.

(END) Dow Jones Newswires

January 11, 2023 16:59 ET (21:59 GMT)