Baxter International Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Baxter International Inc. (BAX) dropped 0.85% to $39.82 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.31% to 3,982.24 and the Dow Jones Industrial Average rising 0.22% to 32,889.09. This was the stock's third consecutive day of losses. Baxter International Inc. closed $46.62 below its 52-week high ($86.44), which the company reached on February 28th.
The stock underperformed when compared to some of its competitors Monday, as Medtronic PLC (MDT) fell 0.12% to $83.39, Stryker Corp. (SYK) rose 0.12% to $262.62, and Becton Dickinson & Co. (BDX) fell 0.43% to $236.89. 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 27, 2023.
(END) Dow Jones Newswires
February 27, 2023 16:39 ET (21:39 GMT)
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