DJ Hanesbrands Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Hanesbrands Inc. $(HBI)$ slid 0.48% to $8.31 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,918.25 and the Dow Jones Industrial Average rising 0.25% to 42,635.20.
The stock's fall snapped a three-day winning streak.
Hanesbrands Inc. closed $0.79 short of its 52-week high ($9.10), which the company reached on November 26th.
The stock underperformed when compared to some of its competitors Wednesday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ fell 0.09% to $677,925.00, Berkshire Hathaway Inc. Cl B $(BRK.B)$ fell 0.24% to $451.84, and VF Corp. $(VFC)$ fell 0.14% to $21.54.
Trading volume (4.1 M) remained 1.9 million below its 50-day average volume of 6.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.
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(END) Dow Jones Newswires
January 08, 2025 17:33 ET (22:33 GMT)
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