Baxter International Inc. Stock Falls Wednesday, Underperforms Market
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Shares of Baxter International Inc. (BAX) shed 3.37% to $51.93 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.50% to 3,759.69 and Dow Jones Industrial Average falling 1.55% to 32,147.76. This was the stock's third consecutive day of losses. Baxter International Inc. closed $37.77 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 Wednesday, as Thermo Fisher Scientific Inc. (TMO) fell 5.16% to $490.98, Medtronic PLC (MDT) fell 2.23% to $85.78, and Stryker Corp. (SYK) fell 3.69% to $211.97. Trading volume (3.9 M) eclipsed its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 2, 2022.
(END) Dow Jones Newswires
November 02, 2022 16:39 ET (20:39 GMT)
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