DJ Hanesbrands Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Hanesbrands Inc. $(HBI)$ shed 1.09% to $8.20 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,836.22 and the Dow Jones Industrial Average rising 0.86% to 42,297.12.
This was the stock's third consecutive day of losses.
Hanesbrands Inc. closed $0.90 below its 52-week high ($9.10), which the company achieved on November 26th.
The stock underperformed when compared to some of its competitors Monday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ rose 0.49% to $666,280.00, Berkshire Hathaway Inc. Cl B $(BRK.B)$ rose 0.28% to $443.91, and VF Corp. $(VFC)$ rose 0.97% to $23.01.
Trading volume (4.9 M) remained 1.1 million below its 50-day average volume of 6.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 13, 2025.
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(END) Dow Jones Newswires
January 13, 2025 17:32 ET (22:32 GMT)
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