Baxter International Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Baxter International Inc. (BAX) inched 0.63% higher to $55.60 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.14% to 3,719.98 and the Dow Jones Industrial Average rising 1.12% to 30,523.80. This was the stock's second consecutive day of gains. Baxter International Inc. closed $34.10 short of its 52-week high ($89.70), which the company achieved on February 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Thermo Fisher Scientific Inc. (TMO) rose 1.39% to $524.40, Medtronic PLC (MDT) rose 1.62% to $84.10, and Stryker Corp. (SYK) fell 0.33% to $214.92. Trading volume (4.4 M) eclipsed its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 18, 2022.
(END) Dow Jones Newswires
October 18, 2022 16:39 ET (20:39 GMT)
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