Baxter International Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Baxter International Inc. (BAX) slid 1.81% to $38.99 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.53% to 3,986.37 and Dow Jones Industrial Average falling 1.72% to 32,856.46. This was the stock's second consecutive day of losses. Baxter International Inc. closed $45.64 below its 52-week high ($84.63), which the company achieved on March 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Medtronic PLC (MDT) fell 2.67% to $79.74, Stryker Corp. (SYK) fell 1.01% to $264.69, and Becton Dickinson & Co. (BDX) fell 0.04% to $236.13. Trading volume (6.2 M) eclipsed its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 7, 2023.
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March 07, 2023 16:40 ET (21:40 GMT)
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