Shares of Hanesbrands Inc. (NYSE:HBI) ended Friday session in red amid volatile trading. The shares closed down -0.12 points or -0.45% at $26.40 with 1,957,868 shares getting traded. Post opening the session at $26.56, the shares hit an intraday low of $26.34 and an intraday high of $26.76 and the price vacillated in this range throughout the day. The company has a market cap of $9.93 billion and the numbers of outstanding shares have been calculated to be 377.80 million shares.
Hanesbrands Inc. (HBI) on September 2, 2016 announced the company is donating more than 23,000 items of clothing to residents affected by devastating flooding in Louisiana.
HanesBrands is partnering with Fashion Delivers, a New York based charity, to distribute three trailer loads of first-quality product, including T-shirts, socks, bras, underwear and other apparel, to flood victims.
“We have all seen the devastation the Louisiana floods have caused on so many levels – especially to the lives of the thousands of people directly affected, “HanesBrands is happy to provide this assistance and hope that it can provide some real help in this time of need,” said Chris Fox, HanesBrands vice president for corporate social responsibility.
Shares of Tesla Motors Inc (NASDAQ:TSLA) ended Friday session in red amid volatile trading. The shares closed down -2.99 points or -1.49% at $197.78 with 5,977,413 shares getting traded. Post opening the session at $202.33, the shares hit an intraday low of $196.20 and an intraday high of $203.20 and the price vacillated in this range throughout the day. The company has a market cap of $28.97 billion and the numbers of outstanding shares have been calculated to be 148.69 million shares.
Tesla Motors Inc (TSLA) designs, develops, manufactures, and sells electric vehicles and stationary energy storage products in the United States, China, Norway, and internationally. It primarily offers sedans and sport utility vehicles. The company also offers electric vehicle powertrain components and systems to other manufacturers. Tesla Motors, Inc. sells its products through a network of Tesla stores and galleries, as well as through Internet. The company was founded in 2003 and is headquartered in Palo Alto, California.