DJ Hanesbrands Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Hanesbrands Inc. $(HBI)$ advanced 2.54% to $6.06 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.08% to 5,675.29 and the Dow Jones Industrial Average rising 0.92% to 41,964.63.
Hanesbrands Inc. closed 33.41% short of its 52-week high of $9.10, which the company reached on November 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ rose 0.79% to $789,879.99, Berkshire Hathaway Inc. Cl B $(BRK.B)$ rose 0.41% to $525.27, and VF Corp. $(VFC)$ rose 3.21% to $16.40.
Trading volume (4.2 M) remained 2.6 million below its 50-day average volume of 6.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 19, 2025.
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(END) Dow Jones Newswires
March 19, 2025 17:27 ET (21:27 GMT)
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