DJ Hanesbrands Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Hanesbrands Inc. $(HBI)$ slid 3.19% to $8.19 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.53% to 5,948.71 and the Dow Jones Industrial Average rising 1.06% to 43,870.35.
The stock's fall snapped a four-day winning streak.
Hanesbrands Inc. closed $0.51 short of its 52-week high ($8.70), which the company achieved on November 7th.
The stock underperformed when compared to some of its competitors Thursday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ rose 0.56% to $707,250.00, Berkshire Hathaway Inc. Cl B $(BRK.B)$ rose 0.69% to $472.06, and VF Corp. $(VFC)$ rose 0.75% to $18.79.
Trading volume (6.3 M) remained 54,034 below its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2024.
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(END) Dow Jones Newswires
November 21, 2024 17:26 ET (22:26 GMT)
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