DJ Hanesbrands Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Hanesbrands Inc. $(HBI)$ slipped 0.24% to $8.29 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.54% to 5,827.04 and Dow Jones Industrial Average falling 1.63% to 41,938.45.
This was the stock's second consecutive day of losses.
Hanesbrands Inc. closed $0.81 short of its 52-week high ($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 2.20% to $663,000.01, Berkshire Hathaway Inc. Cl B $(BRK.B)$ fell 2.03% to $442.66, and VF Corp. $(VFC)$ rose 5.80% to $22.79.
Trading volume (4.4 M) remained 1.6 million below its 50-day average volume of 6.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 10, 2025.
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(END) Dow Jones Newswires
January 10, 2025 17:32 ET (22:32 GMT)
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