DJ Hanesbrands Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Hanesbrands Inc. $(HBI)$ slipped 5.92% to $5.88 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.01% to 6,114.63 and Dow Jones Industrial Average falling 0.37% to 44,546.08.
This was the stock's second consecutive day of losses.
Hanesbrands Inc. closed 35.38% below its 52-week high of $9.10, which the company reached on November 26th.
The stock underperformed when compared to some of its competitors Friday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ fell 0.33% to $719,146.00, Berkshire Hathaway Inc. Cl B $(BRK.B)$ fell 0.19% to $479.59, and VF Corp. $(VFC)$ rose 0.20% to $25.59.
Trading volume (12.7 M) eclipsed its 50-day average volume of 5.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 14, 2025.
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(END) Dow Jones Newswires
February 14, 2025 17:26 ET (22:26 GMT)
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