Hanesbrands Inc. Stock Rises Tuesday, Outperforms Market
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Shares of Hanesbrands Inc. (HBI) advanced 4.46% to $8.44 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.46% to 4,076.60 and the Dow Jones Industrial Average rising 1.09% to 34,086.04. Hanesbrands Inc. closed $8.31 below its 52-week high ($16.75), which the company achieved on February 3rd.
The stock outperformed some of its competitors Tuesday, as Berkshire Hathaway Inc. Cl A (BRKA) rose 1.71% to $472,999.90, Berkshire Hathaway Inc. Cl B (BRKA) rose 1.36% to $311.52, and VF Corp. (VFC) rose 2.72% to $30.94. Trading volume (7.4 M) remained 1.8 million below its 50-day average volume of 9.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 31, 2023.
(END) Dow Jones Newswires
January 31, 2023 16:58 ET (21:58 GMT)
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