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Shares of Hanesbrands Inc. (HBI) slid 0.93% to $17.00 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.17% to 4,690.70 and the Dow Jones Industrial Average rising 0.55% to 35,813.80. Hanesbrands Inc. closed $5.82 short of its 52-week high ($22.82), which the company achieved on May 10th.
The stock underperformed when compared to some of its competitors Tuesday, as Ralph Lauren Corp. Cl A (RL) fell 0.27% to $124.35, PVH Corp. (PVH) rose 0.24% to $119.54, and Gildan Activewear Inc. (GIL.T) rose 0.61% to $42.21. Trading volume (3.3 M) remained 1.0 million below its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2021.
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