Today: 29 June 2026
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TSX:GIL 30 November 2025 - 16 June 2026

Hanesbrands (HBI) Stock Outlook Before the December 1, 2025 Open: Russell Index Exit, Gildan Merger and Heavy Trading in Focus

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.

Stock Market Today

  • InterContinental Hotels Group Buys Back 50,000 Shares on London Stock Exchange
    June 29, 2026, 2:18 AM EDT. InterContinental Hotels Group PLC repurchased 50,000 of its ordinary shares on June 26, 2026, via Goldman Sachs International on the London Stock Exchange. The share buyback was authorized by shareholders in May 2025 and executed at an average price of $171.58 per share, with prices ranging from $170 to $173.25. The company plans to cancel the repurchased shares, reducing total shares in issue to 149.1 million, excluding 5.4 million held in treasury. This move is part of IHG's ongoing capital management strategy to enhance shareholder value.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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