Hanesbrands Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Hanesbrands Inc. (HBI) inched 0.99% higher to $8.20 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.20% to 3,990.97 and Dow Jones Industrial Average falling 1.14% to 33,910.85. This was the stock's second consecutive day of gains. Hanesbrands Inc. closed $8.65 below its 52-week high ($16.85), which the company reached on January 19th.
The stock outperformed some of its competitors Tuesday, as Berkshire Hathaway Inc. Cl A (BRKA) fell 1.04% to $476,000.00, Berkshire Hathaway Inc. Cl B (BRKA) fell 0.88% to $314.86, and VF Corp. (VFC) fell 1.67% to $30.61. Trading volume (10.1 M) remained 93,959 below its 50-day average volume of 10.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 17, 2023.
(END) Dow Jones Newswires
January 17, 2023 16:59 ET (21:59 GMT)
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