Gildan Activewear Inc. stock rises Friday, outperforms market

Shares of Gildan Activewear Inc. GIL, +2.58% rallied 2.58% to C$41.31 Friday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.57% rising 0.57% to 20,236.04. Gildan Activewear Inc. closed C$4.89 below its 52-week high (C$46.20), which the company reached on March 6th. Trading volume of 845,399 shares eclipsed its 50-day average volume of 314,766.

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