DJ Hanesbrands Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Hanesbrands Inc. $(HBI)$ rallied 1.87% to $5.98 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.12% to 5,842.63 and the Dow Jones Industrial Average rising 1.14% to 43,006.59.
The stock's rise snapped a four-day losing streak.
Hanesbrands Inc. closed 34.28% short of its 52-week high of $9.10, which the company achieved 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 0.56% to $746,940.00, Berkshire Hathaway Inc. Cl B $(BRK.B)$ rose 0.53% to $498.50, and VF Corp. $(VFC)$ rose 4.04% to $23.45.
Trading volume (7.6 M) eclipsed its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 5, 2025.
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(END) Dow Jones Newswires
March 05, 2025 17:27 ET (22:27 GMT)
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