Hanesbrands Inc. Stock Outperforms Competitors On Strong Trading Day

Old National Bancorp

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Financials : Banks | Small Cap Value

Company profile

Old National Bancorp is a financial holding company. The Company, through its wholly owned banking subsidiary, Old National Bank, provides a range of services, including commercial and consumer loan and depository services, private banking, brokerage, trust, investment advisory, and other banking services. Its banking centers focuses on providing a group of community banking services. It provides treasury management, merchant, and capital markets services as well as community development lending and equity investment solutions for businesses. Its loans consist primarily of loans made to consumers and commercial clients in various industries, including real estate rental and leasing, manufacturing, wholesale trade, construction, and agriculture, among others. In addition to providing lending and deposit services, it offers wealth management, investment, and foreign currency services. Its banking centers are in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, and Wisconsin.

Hanesbrands Inc. Stock Outperforms Competitors On Strong Trading Day

4:59 pm ET January 27, 2023 (MarketWatch) Print

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

Shares of Hanesbrands Inc. (HBI) rallied 3.05% to $8.12 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.25% to 4,070.56 and the Dow Jones Industrial Average rising 0.08% to 33,978.08. This was the stock's second consecutive day of gains. Hanesbrands Inc. closed $8.63 short of its 52-week high ($16.75), which the company reached on February 3rd.

The stock outperformed some of its competitors Friday, as Berkshire Hathaway Inc. Cl A (BRKA) rose 0.01% to $470,000.00, Berkshire Hathaway Inc. Cl B (BRKA) fell 0.57% to $309.17, and VF Corp. (VFC) rose 1.84% to $30.45. Trading volume (6.8 M) remained 2.5 million below its 50-day average volume of 9.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 27, 2023.

(END) Dow Jones Newswires

January 27, 2023 16:59 ET (21:59 GMT)

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Hanesbrands Inc. Stock Outperforms Competitors On Strong Trading Day