Hanesbrands Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Hanesbrands Inc. (HBI) rallied 3.25% to $8.26 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,019.81 and the Dow Jones Industrial Average rising 0.76% to 33,629.56. This was the stock's second consecutive day of gains. Hanesbrands Inc. closed $8.49 below its 52-week high ($16.75), which the company reached on February 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Berkshire Hathaway Inc. Cl A (BRKA) fell 0.01% to $469,600.00, Berkshire Hathaway Inc. Cl B (BRKA) rose 0.18% to $310.42, and VF Corp. (VFC) rose 3.92% to $30.49. Trading volume (5.6 M) remained 4.5 million below its 50-day average volume of 10.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 23, 2023.
(END) Dow Jones Newswires
January 23, 2023 16:59 ET (21:59 GMT)
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