Baxter International Inc. Stock Falls Monday, Underperforms Market
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Shares of Baxter International Inc. (BAX) shed 3.26% to $45.16 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,111.08 and Dow Jones Industrial Average falling 0.10% to 33,891.02. This was the stock's second consecutive day of losses. Baxter International Inc. closed $44.54 short of its 52-week high ($89.70), which the company reached on February 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Medtronic PLC (MDT) fell 2.14% to $85.24, Stryker Corp. (SYK) fell 4.12% to $271.48, and Becton Dickinson & Co. (BDX) rose 1.76% to $250.16. Trading volume (3.9 M) remained 1.6 million below its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 6, 2023.
(END) Dow Jones Newswires
February 06, 2023 16:40 ET (21:40 GMT)
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