Baxter International Inc. Stock Falls Thursday, Underperforms Market
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Shares of Baxter International Inc. (BAX) slid 0.52% to $40.51 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.53% to 4,012.32 and the Dow Jones Industrial Average rising 0.33% to 33,153.91. Baxter International Inc. closed $46.45 short of its 52-week high ($86.96), which the company achieved on February 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Medtronic PLC (MDT) fell 1.30% to $83.99, Stryker Corp. (SYK) rose 0.65% to $263.35, and Becton Dickinson & Co. (BDX) fell 0.28% to $239.72. Trading volume (5.1 M) remained 1.2 million below its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 23, 2023.
(END) Dow Jones Newswires
February 23, 2023 16:39 ET (21:39 GMT)
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