Hanesbrands Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of Hanesbrands Inc. (HBI) inched 0.90% higher to $7.88 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.10% to 4,060.43 and the Dow Jones Industrial Average rising 0.61% to 33,949.41. The stock's rise snapped a two-day losing streak. Hanesbrands Inc. closed $8.87 short of its 52-week high ($16.75), which the company reached on February 3rd.
The stock outperformed some of its competitors Thursday, as Berkshire Hathaway Inc. Cl A (BRKA) fell 0.36% to $469,960.00, Berkshire Hathaway Inc. Cl B (BRKA) fell 0.30% to $310.95, and VF Corp. (VFC) rose 0.03% to $29.90. Trading volume (6.9 M) remained 2.6 million below its 50-day average volume of 9.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 26, 2023.
(END) Dow Jones Newswires
January 26, 2023 16:59 ET (21:59 GMT)
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