Baxter International Inc. Stock Falls Thursday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Baxter International Inc. (BAX) shed 6.35% to $53.97 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.61% to 32,033.28 and the S&P 500 Index falling 0.61% to 3,807.30. The stock's fall snapped a two-day winning streak. Baxter International Inc. closed $35.73 below its 52-week high ($89.70), which the company achieved on February 9th.
The stock underperformed when compared to some of its competitors Thursday, as Thermo Fisher Scientific Inc. (TMO) fell 0.93% to $498.32, Medtronic PLC (MDT) rose 0.23% to $85.57, and Stryker Corp. (SYK) fell 0.14% to $228.28. Trading volume (8.9 M) eclipsed its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 27, 2022.
(END) Dow Jones Newswires
October 27, 2022 16:39 ET (20:39 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.