DJ Hanesbrands Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Hanesbrands Inc. $(HBI)$ rose 2.41% to $8.91 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,047.15 and the Dow Jones Industrial Average falling 0.29% to 44,782.00.
The stock's rise snapped a two-day losing streak.
Hanesbrands Inc. closed $0.19 short of its 52-week high ($9.10), which the company reached on November 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ fell 1.13% to $715,880.00, Berkshire Hathaway Inc. Cl B $(BRK.B)$ fell 1.18% to $477.33, and VF Corp. $(VFC)$ rose 3.16% to $20.87.
Trading volume (4.9 M) remained 1.0 million below its 50-day average volume of 5.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2024.
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(END) Dow Jones Newswires
December 02, 2024 17:26 ET (22:26 GMT)
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