Hanesbrands shares are trading higher after the company signed an agreement to sell its Champion business to Authentic Brands Group.
Portfolio Pulse from Benzinga Newsdesk
Hanesbrands shares are trading higher after the company signed an agreement to sell its Champion business to Authentic Brands Group.
June 05, 2024 | 11:48 am
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Hanesbrands shares are trading higher following the announcement of an agreement to sell its Champion business to Authentic Brands Group.
The sale of the Champion business is a significant move for Hanesbrands, likely leading to a positive short-term impact on its stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100