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Shares of Baxter International Inc. (BAX) advanced 1.38% to $55.25 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.65% to 3,677.95 and the Dow Jones Industrial Average rising 1.86% to 30,185.82. Baxter International Inc. closed $34.45 below its 52-week high ($89.70), which the company reached on February 9th.
The stock underperformed when compared to some of its competitors Monday, as Thermo Fisher Scientific Inc. (TMO) rose 2.82% to $517.23, Medtronic PLC (MDT) rose 1.41% to $82.76, and Stryker Corp. (SYK) rose 3.11% to $215.63. Trading volume (4.5 M) eclipsed its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 17, 2022.
(END) Dow Jones Newswires
October 17, 2022 16:39 ET (20:39 GMT)
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