Hanesbrands Inc. Stock Falls Monday, Still Outperforms Market
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Shares of Hanesbrands Inc. (HBI) slid 0.49% to $8.08 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.30% to 4,017.77 and Dow Jones Industrial Average falling 0.77% to 33,717.09. The stock's fall snapped a two-day winning streak. Hanesbrands Inc. closed $8.67 below its 52-week high ($16.75), which the company reached on February 3rd.
Despite its losses, the stock outperformed some of its competitors Monday, as Berkshire Hathaway Inc. Cl A (BRKA) fell 1.06% to $465,039.98, Berkshire Hathaway Inc. Cl B (BRKA) fell 0.60% to $307.33, and VF Corp. (VFC) fell 1.08% to $30.12.true Trading volume (7.6 M) remained 1.7 million below its 50-day average volume of 9.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 30, 2023.
(END) Dow Jones Newswires
January 30, 2023 16:59 ET (21:59 GMT)
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