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Hanesbrands Inc. Stock Rises Monday, Outperforms Market

DowjonesNews MarketWatch ·  Nov 23, 2021 06:00

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

Shares of Hanesbrands Inc. (HBI) inched 0.53% higher to $17.16 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.05% to 35,619.25 and the S&P 500 Index falling 0.32% to 4,682.94. The stock's rise snapped a three-day losing streak. Hanesbrands Inc. closed $5.66 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 Monday, as Ralph Lauren Corp. Cl A (RL) rose 2.36% to $124.69, PVH Corp. (PVH) rose 1.97% to $119.29, and Gildan Activewear Inc. (GIL.T) rose 0.38% to $42.11. Trading volume (3.1 M) remained 1.3 million below its 50-day average volume of 4.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2021.

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