Baxter International Inc. Stock Falls Monday, Underperforms Market
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Shares of Baxter International Inc. (BAX) shed 1.18% to $54.35 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.75% to 3,871.98 and Dow Jones Industrial Average falling 0.39% to 32,732.95. Baxter International Inc. closed $35.35 below its 52-week high ($89.70), which the company achieved on February 9th.
The stock underperformed when compared to some of its competitors Monday, as Thermo Fisher Scientific Inc. (TMO) rose 2.01% to $513.97, Medtronic PLC (MDT) rose 0.60% to $87.34, and Stryker Corp. (SYK) rose 0.00% to $229.24. Trading volume (4.8 M) eclipsed its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 31, 2022.
(END) Dow Jones Newswires
October 31, 2022 16:39 ET (20:39 GMT)
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