PVH Corp. Stock Falls Wednesday, Underperforms Market
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Shares of PVH Corp. (PVH) slipped 3.53% to $71.29 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.70% to 3,891.93 and Dow Jones Industrial Average falling 0.87% to 31,874.57. PVH Corp. closed $23.22 short of its 52-week high ($94.51), which the company achieved on February 2nd.
The stock underperformed when compared to some of its competitors Wednesday, as VF Corp. (VFC) rose 2.80% to $21.32, Bath & Body Works Inc. (BBWI) fell 2.34% to $35.11, and Under Armour Inc. Cl C (UAA) fell 2.71% to $7.17. Trading volume (1.3 M) eclipsed its 50-day average volume of 929,417.
Data source: Dow Jones Market Data, FactSet. Data compiled March 15, 2023.
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March 15, 2023 17:20 ET (21:20 GMT)
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