Why Hanesbrands Stock Was Falling This Week

Why Hanesbrands Stock Was Falling This Week

Week to date, shares of Hanesbrands (NYSE: HBI) were down 10.5% through Thursday's close, according to data provided by S&P Global Market Intelligence. The move wasn't based on any company-specific news. Since announcing its new Full Potential Strategy a year ago, Hanesbrands has underperformed the broader market.