DJ Hanesbrands Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Hanesbrands Inc. $(HBI)$ inched 0.55% higher to $7.28 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.77% to 5,859.85 and the Dow Jones Industrial Average rising 0.47% to 43,065.22.
The stock's rise snapped a three-day losing streak.
Hanesbrands Inc. closed $0.16 short of its 52-week high ($7.44), which the company reached on October 8th.
The stock outperformed some of its competitors Monday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ fell 0.94% to $685,000.10, Berkshire Hathaway Inc. Cl B $(BRK.B)$ fell 0.05% to $459.98, and VF Corp. $(VFC)$ fell 4.77% to $19.36.
Trading volume (4.4 M) remained 2.5 million below its 50-day average volume of 6.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 14, 2024.
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October 14, 2024 17:27 ET (21:27 GMT)
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