Hanesbrands Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Hanesbrands Inc. (HBI) shed 2.09% to $7.95 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.76% to 3,898.85 and Dow Jones Industrial Average falling 0.76% to 33,044.56. This was the stock's second consecutive day of losses. Hanesbrands Inc. closed $8.80 short of 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 Thursday, as Berkshire Hathaway Inc. Cl A (BRKA) fell 0.92% to $461,949.99, Berkshire Hathaway Inc. Cl B (BRKA) fell 1.00% to $305.23, and VF Corp. (VFC) fell 5.46% to $28.42. Trading volume (8.9 M) remained 1.3 million below its 50-day average volume of 10.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 19, 2023.
(END) Dow Jones Newswires
January 19, 2023 16:58 ET (21:58 GMT)
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