DJ Hanesbrands Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Hanesbrands Inc. $(HBI)$ inched 0.96% higher to $7.35 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.42% to 5,762.48 and the Dow Jones Industrial Average rising 0.04% to 42,330.15.
This was the stock's fifth consecutive day of gains.
Hanesbrands Inc. hit a new 52-week high, surpassing its previous peak of $7.31, which the company achieved on September 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ rose 0.73% to $691,180.00, Berkshire Hathaway Inc. Cl B $(BRK.B)$ rose 0.61% to $460.26, and VF Corp. $(VFC)$ rose 1.94% to $19.95.
Trading volume (5.1 M) remained 3.8 million below its 50-day average volume of 9.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 30, 2024.
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(END) Dow Jones Newswires
September 30, 2024 17:29 ET (21:29 GMT)
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