Gildan Activewear Inc. stock falls Wednesday, underperforms market
Posted On March 24, 2022
Shares of Gildan Activewear Inc.
shed 2.08% to C$47.10 Wednesday, in what proved to be an all-around down trading session for the Canadian market, with the S&P/TSX Composite Index
falling 0.64% to 21,932.18. This was the stock’s third consecutive day of losses. Gildan Activewear Inc. closed C$8.03 below its 52-week high (C$55.13), which the company reached on January 4th. Trading volume of 267,890 shares remained below its 50-day average volume of 548,812.