tradingstocksdp

A leading seller of innerwear clothing

Long
BATS:HBI   Hanesbrands Inc.
forming a nice double bottom formation.
In terms of news: In a public letter, activist investment firm Barington Capital Group has called on Hanes to cut costs, lower inventory levels, and boost profit margins.It seems that Hanes may have been influenced by Barington's suggestions when deciding to pursue the Champion transaction, signaling the start of a potential recovery for this small-cap value stock.
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