DJ Hanesbrands Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Hanesbrands Inc. $(HBI)$ slipped 4.88% to $4.68 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 5.97% to 5,074.08 and Dow Jones Industrial Average falling 5.50% to 38,314.86.
This was the stock's second consecutive day of losses.
Hanesbrands Inc. closed 48.57% below 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 Friday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ fell 6.54% to $742,540.00, Berkshire Hathaway Inc. Cl B $(BRK.B)$ fell 6.91% to $493.54, and VF Corp. $(VFC)$ fell 1.03% to $11.56.
Trading volume (15.3 M) eclipsed its 50-day average volume of 7.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 4, 2025.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
April 04, 2025 17:22 ET (21:22 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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