DJ Hanesbrands Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Hanesbrands Inc. $(HBI)$ shed 1.53% to $7.10 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.53% to 5,929.04 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.
The stock's fall snapped a three-day winning streak.
Hanesbrands Inc. closed $0.47 short of 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 Wednesday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ rose 5.45% to $703,000.00, Berkshire Hathaway Inc. Cl B $(BRK.B)$ rose 5.36% to $468.90, and VF Corp. $(VFC)$ fell 2.62% to $20.82.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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(END) Dow Jones Newswires
November 06, 2024 17:27 ET (22:27 GMT)
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