DJ Hanesbrands Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Hanesbrands Inc. $(HBI)$ rallied 1.39% to $8.01 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.72% to 6,037.88 and the Dow Jones Industrial Average rising 0.30% to 44,556.04.
The stock's rise snapped a two-day losing streak.
Hanesbrands Inc. closed 11.98% below 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 Tuesday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ rose 0.81% to $702,178.99, Berkshire Hathaway Inc. Cl B $(BRK.B)$ rose 0.62% to $467.49, and VF Corp. $(VFC)$ rose 2.19% to $25.16.
Trading volume (4.9 M) remained 302,400 below its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 4, 2025.
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(END) Dow Jones Newswires
February 04, 2025 17:27 ET (22:27 GMT)
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