DJ Hanesbrands Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Hanesbrands Inc. $(HBI)$ shed 4.01% to $6.70 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.28% to 5,718.57 and the Dow Jones Industrial Average rising 0.15% to 42,124.65.
The stock's fall snapped an eight-day winning streak.
Hanesbrands Inc. closed $0.36 short of its 52-week high ($7.06), which the company achieved on September 19th.
The stock underperformed when compared to some of its competitors Monday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ fell 0.02% to $685,319.90, Berkshire Hathaway Inc. Cl B $(BRK.B)$ fell 0.07% to $454.98, and VF Corp. $(VFC)$ fell 1.61% to $18.35.
Trading volume (7.8 M) remained 1.7 million below its 50-day average volume of 9.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 23, 2024.
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(END) Dow Jones Newswires
September 23, 2024 17:29 ET (21:29 GMT)
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