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Stock Alert: Hanesbrands Gains 7%

Hanesbrands Inc. (HBI) shares are rising on Tuesday morning as its e-commerce performance is gaining momentum amid COVID-19 pandemic. The maker of underwear, intimate apparel, and activewear has been making use of the pandemic period by making facemasks.

HBI shares are currently at $12.27, up 7.02 percent from its previous close of $11.46. The shares have been bullish for the last few weeks.

The company plans to report its quarterly results on July 30.

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