Baxter International Inc. Stock Falls Wednesday, Underperforms Market
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Shares of Baxter International Inc. (BAX) shed 2.23% to $39.06 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.02% to 32,661.84 and the S&P 500 Index falling 0.47% to 3,951.39. Baxter International Inc. closed $47.12 below its 52-week high ($86.18), which the company reached on March 2nd.
The stock underperformed when compared to some of its competitors Wednesday, as Medtronic PLC (MDT) fell 0.87% to $82.08, Stryker Corp. (SYK) fell 1.11% to $259.97, and Becton Dickinson & Co. (BDX) fell 1.02% to $232.16. Trading volume (6.3 M) eclipsed its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 1, 2023.
(END) Dow Jones Newswires
March 01, 2023 16:40 ET (21:40 GMT)
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