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Hanesbrands Inc. Stock Outperforms Competitors Despite Losses On The Day

DowjonesNews MarketWatch ·  Nov 12, 2021 06:02

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Hanesbrands Inc. (HBI) dropped 0.78% to $17.85 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.06% to 4,649.27 and the Dow Jones Industrial Average falling 0.44% to 35,921.23. This was the stock's second consecutive day of losses. Hanesbrands Inc. closed $4.97 short of its 52-week high ($22.82), which the company achieved on May 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Ralph Lauren Corp. Cl A (RL) fell 0.88% to $125.16, PVH Corp. (PVH) rose 0.79% to $121.84, and Gildan Activewear Inc. (GIL.T) rose 0.17% to $42.15. Trading volume (1.9 M) remained 2.5 million below its 50-day average volume of 4.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2021.

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