Baxter International Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Baxter International Inc. (BAX) slipped 0.50% to $55.32 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.67% to 3,695.16 and Dow Jones Industrial Average falling 0.33% to 30,423.81. The stock's fall snapped a two-day winning streak. Baxter International Inc. closed $34.38 below 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 Wednesday, as Thermo Fisher Scientific Inc. (TMO) fell 3.58% to $505.61, Medtronic PLC (MDT) fell 0.52% to $83.66, and Stryker Corp. (SYK) rose 0.82% to $216.69. Trading volume (6.5 M) eclipsed its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 19, 2022.
(END) Dow Jones Newswires
October 19, 2022 16:39 ET (20:39 GMT)
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