Baxter International Inc. Stock Falls Thursday, Still Outperforms Market
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Shares of Baxter International Inc. (BAX) shed 1.14% to $38.99 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.85% to 3,918.32 and Dow Jones Industrial Average falling 1.66% to 32,254.86. Baxter International Inc. closed $41.73 short of its 52-week high ($80.72), which the company reached on March 29th.
The stock underperformed when compared to some of its competitors Thursday, as Medtronic PLC (MDT) fell 0.51% to $78.00, Stryker Corp. (SYK) rose 1.04% to $268.35, and Becton Dickinson & Co. (BDX) fell 0.89% to $232.23. Trading volume (4.2 M) remained 2.0 million below its 50-day average volume of 6.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 9, 2023.
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March 09, 2023 16:40 ET (21:40 GMT)
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