Hanesbrands Inc. Stock Underperforms Friday When Compared To Competitors
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Hanesbrands Inc. (HBI) shares fell 1.82% to $6.47 on Friday, underperforming the overall positive stock market. The S&P 500 Index rose 0.54% and the Dow Jones Industrial Average rose 0.61%. This marks the second consecutive day of losses for HBI, which is 27.95% below its 52-week high. Competitors like Berkshire Hathaway Inc. and VF Corp. saw gains. Trading volume was significantly higher than the 50-day average.
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