Hanesbrands Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Hanesbrands Inc. (HBI) rallied 3.20% to $8.71 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.05% to 4,119.21 and the Dow Jones Industrial Average rising 0.02% to 34,092.96. This was the stock's second consecutive day of gains. Hanesbrands Inc. closed $8.04 below its 52-week high ($16.75), which the company achieved on February 3rd.
The stock outperformed some of its competitors Wednesday, as Berkshire Hathaway Inc. Cl A (BRKA) fell 0.51% to $470,606.00, Berkshire Hathaway Inc. Cl B (BRKA) fell 0.30% to $310.57, and VF Corp. (VFC) rose 2.26% to $31.64. Trading volume (13.0 M) eclipsed its 50-day average volume of 9.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 1, 2023.
(END) Dow Jones Newswires
February 01, 2023 16:58 ET (21:58 GMT)
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