DJ Hanesbrands Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Hanesbrands Inc. $(HBI)$ slipped 1.68% to $5.87 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.22% to 5,778.15 and Dow Jones Industrial Average falling 1.55% to 42,520.99.
This was the stock's fourth consecutive day of losses.
Hanesbrands Inc. closed 35.49% below its 52-week high of $9.10, which the company reached on November 26th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ fell 2.92% to $742,800.00, Berkshire Hathaway Inc. Cl B $(BRK.B)$ fell 2.79% to $495.86, and VF Corp. $(VFC)$ fell 7.40% to $22.54.
Trading volume (7.9 M) eclipsed its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 4, 2025.
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(END) Dow Jones Newswires
March 04, 2025 17:25 ET (22:25 GMT)
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