DJ Hanesbrands Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Hanesbrands Inc. $(HBI)$ slipped 3.16% to $5.21 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.10% to 5,892.58 and the Dow Jones Industrial Average falling 0.21% to 42,051.06.
The stock's fall snapped a two-day winning streak.
Hanesbrands Inc. closed 42.75% short of its 52-week high of $9.10, which the company reached on November 26th.
The stock underperformed when compared to some of its competitors Wednesday, as Berkshire Hathaway Inc. Cl A $(BRK.A)$ fell 1.80% to $753,215.00, Berkshire Hathaway Inc. Cl B $(BRK.B)$ fell 1.66% to $503.40, and VF Corp. $(VFC)$ fell 1.40% to $14.74.
Trading volume (7.5 M) remained 274,099 below its 50-day average volume of 7.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 14, 2025.
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May 14, 2025 17:26 ET (21:26 GMT)
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