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HanesBrands (HBI) Soars 5.8%: Is Further Upside Left in the Stock?
HBIHanes(HBI) ZACKS·2024-07-26 11:41

HanesBrands (HBI) shares rallied 5.8% in the last trading session to close at 5.67.Thismovecanbeattributabletonotablevolumewithahighernumberofsharesbeingtradedthaninatypicalsession.Thiscomparestothestocks11.25.67. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 11.2% gain over the past four weeks. This underwear, T-shirt and sock maker is expected to post quarterly earnings of 0.10 per share in its upcoming report, which represents a year-over-year change of +1100%. Revenues are expected to be $1.35 billion, down 6.1% from the year-ag ...