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Shares of Baxter International Inc. (BAX) advanced 2.60% to $56.43 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.37% to 3,752.75 and the Dow Jones Industrial Average rising 2.47% to 31,082.56. The stock's rise snapped a two-day losing streak. Baxter International Inc. closed $33.27 short of its 52-week high ($89.70), which the company achieved on February 9th.
The stock outperformed some of its competitors Friday, as Thermo Fisher Scientific Inc. (TMO) rose 2.03% to $496.74, Medtronic PLC (MDT) rose 0.98% to $83.26, and Stryker Corp. (SYK) rose 1.80% to $218.31. Trading volume (4.5 M) eclipsed its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 21, 2022.
(END) Dow Jones Newswires
October 21, 2022 16:39 ET (20:39 GMT)
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