DJ Hanesbrands Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Hanesbrands Inc. $(HBI)$ rallied 1.86% to $7.67 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.27% to 6,051.97 and Dow Jones Industrial Average falling 0.50% to 44,368.56.
This was the stock's second consecutive day of gains.
Hanesbrands Inc. closed 15.71% short of its 52-week high of $9.10, which the company achieved on November 26th.
The stock outperformed some of its competitors Wednesday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ fell 0.28% to $707,500.00, Berkshire Hathaway Inc. Cl B $(BRK.B)$ fell 0.19% to $471.73, and VF Corp. $(VFC)$ fell 0.82% to $24.15.
Trading volume (10.2 M) eclipsed its 50-day average volume of 5.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 12, 2025.
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February 12, 2025 17:28 ET (22:28 GMT)
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