DJ Hanesbrands Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Hanesbrands Inc. $(HBI)$ shed 1.25% to $7.90 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.10% to 6,001.35 and the Dow Jones Industrial Average rising 0.69% to 44,293.13.
This was the stock's second consecutive day of losses.
Hanesbrands Inc. closed $0.80 short of its 52-week high ($8.70), which the company reached on November 7th.
The stock underperformed when compared to some of its competitors Monday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ rose 0.62% to $700,224.01, Berkshire Hathaway Inc. Cl B $(BRK.B)$ rose 0.85% to $467.36, and VF Corp. $(VFC)$ fell 0.95% to $20.76.
Trading volume (6.5 M) eclipsed its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2024.
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(END) Dow Jones Newswires
November 11, 2024 17:26 ET (22:26 GMT)
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