DJ Hanesbrands Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Hanesbrands Inc. $(HBI)$ shed 1.04% to $8.58 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.61% to 6,086.49 and the Dow Jones Industrial Average rising 0.69% to 45,014.04.
This was the stock's second consecutive day of losses.
Hanesbrands Inc. closed $0.52 short of its 52-week high ($9.10), which the company achieved on November 26th.
The stock underperformed when compared to some of its competitors Wednesday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ fell 0.58% to $701,601.00, Berkshire Hathaway Inc. Cl B $(BRK.B)$ fell 0.40% to $468.32, and VF Corp. $(VFC)$ fell 0.34% to $20.79.
Trading volume (4.7 M) remained 1.1 million below its 50-day average volume of 5.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 4, 2024.
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(END) Dow Jones Newswires
December 04, 2024 17:26 ET (22:26 GMT)
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