DJ Hanesbrands Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Hanesbrands Inc. $(HBI)$ slipped 0.14% to $7.36 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.47% to 5,842.47 and the Dow Jones Industrial Average rising 0.79% to 43,077.70.
The stock's fall snapped a two-day winning streak.
Hanesbrands Inc. closed $0.14 below its 52-week high ($7.50), which the company achieved on October 15th.
The stock underperformed when compared to some of its competitors Wednesday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ rose 0.84% to $699,413.00, Berkshire Hathaway Inc. Cl B $(BRK.B)$ rose 0.65% to $465.69, and VF Corp. $(VFC)$ rose 0.31% to $19.55.
Trading volume (3.5 M) remained 3.1 million below its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 16, 2024.
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(END) Dow Jones Newswires
October 16, 2024 17:27 ET (21:27 GMT)
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