Hanesbrands (HBI) Stock Outlook Before the December 1, 2025 Open: Russell Index Exit, Gildan Merger and Heavy Trading in Focus
Hanesbrands shares fell 1.8% to $6.47 Friday after being removed from multiple Russell indexes, triggering a surge in trading volume to 112 million shares—eight times the average. The stock closed down for a second day even as major indexes rose, with after-hours trading showing modest gains amid dip-buying and merger arbitrage activity.