- 4-Week # shares sold: 30,000
- 12-Week # shares sold: 73,737
- 24-Week # shares sold: 173,737
Hanesbrands (HBI) posted lower-than-expected second quarter earnings and revenue after yesterday's market close.
After Tuesday’s market close, Hanesbrands (HBI) reported 2016 second quarter earnings that were lower than expected.
Trade-Ideas LLC identified Hanesbrands (HBI) as a "water-logged and getting wetter" (weak stocks crossing below support with today's range greater than 200%) candidate
Despite all the doom and gloom, this week turned out to be the best so far this year, Cramer says.