Baxter International Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Baxter International Inc. (BAX) inched 0.81% higher to $39.94 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.61% to 4,045.64 and the Dow Jones Industrial Average rising 1.17% to 33,390.97. This was the stock's second consecutive day of gains. Baxter International Inc. closed $46.21 short of its 52-week high ($86.15), which the company reached on March 4th.
The stock underperformed when compared to some of its competitors Friday, as Medtronic PLC (MDT) rose 1.40% to $83.41, Stryker Corp. (SYK) rose 3.60% to $271.53, and Becton Dickinson & Co. (BDX) rose 1.39% to $237.22. Trading volume (4.1 M) remained 2.1 million below its 50-day average volume of 6.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 3, 2023.
(END) Dow Jones Newswires
March 03, 2023 16:40 ET (21:40 GMT)
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