DJ Hanesbrands Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Hanesbrands Inc. $(HBI)$ inched 0.42% higher to $7.12 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.28% to 5,712.69 and Dow Jones Industrial Average falling 0.61% to 41,794.60.
This was the stock's second consecutive day of gains.
Hanesbrands Inc. closed $0.45 below its 52-week high ($7.57), which the company reached on October 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ fell 1.95% to $664,750.00, Berkshire Hathaway Inc. Cl B $(BRK.B)$ fell 2.18% to $442.29, and VF Corp. $(VFC)$ rose 2.04% to $21.48.
Trading volume (4.9 M) remained 945,061 below its 50-day average volume of 5.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2024.
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(END) Dow Jones Newswires
November 04, 2024 17:26 ET (22:26 GMT)
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