Baxter International Inc. Stock Falls Thursday, Underperforms Market
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Shares of Baxter International Inc. (BAX) shed 2.87% to $50.44 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.06% to 3,719.89 and Dow Jones Industrial Average falling 0.46% to 32,001.25. This was the stock's fourth consecutive day of losses. Baxter International Inc. closed $39.26 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 Thursday, as Thermo Fisher Scientific Inc. (TMO) fell 0.82% to $486.94, Medtronic PLC (MDT) fell 2.05% to $84.02, and Stryker Corp. (SYK) fell 3.05% to $205.51. Trading volume (3.2 M) remained 363,376 below its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 3, 2022.
(END) Dow Jones Newswires
November 03, 2022 16:39 ET (20:39 GMT)
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