Hanesbrands Inc. Stock Outperforms Competitors On Strong Trading Day
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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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