DJ Hanesbrands Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Hanesbrands Inc. $(HBI)$ slipped 2.91% to $8.35 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.29% to 6,101.24 and Dow Jones Industrial Average falling 0.32% to 44,424.25.
The stock's fall snapped a three-day winning streak.
Hanesbrands Inc. closed 8.24% short of its 52-week high of $9.10, which the company achieved on November 26th.
The stock underperformed when compared to some of its competitors Friday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ rose 0.75% to $694,601.50, Berkshire Hathaway Inc. Cl B $(BRK.B)$ rose 0.73% to $463.19, and VF Corp. $(VFC)$ rose 2.73% to $26.33.
Trading volume (3.2 M) remained 2.3 million below its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 24, 2025.
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(END) Dow Jones Newswires
January 24, 2025 17:27 ET (22:27 GMT)
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