Baxter International Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of Baxter International Inc. (BAX) rallied 1.21% to $39.37 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.68% to 3,920.56 and the Dow Jones Industrial Average rising 1.06% to 32,155.40. This was the stock's second consecutive day of gains. Baxter International Inc. closed $41.35 short of its 52-week high ($80.72), which the company reached on March 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Medtronic PLC (MDT) fell 0.15% to $77.86, Stryker Corp. (SYK) rose 3.37% to $275.69, and Becton Dickinson & Co. (BDX) rose 0.65% to $232.89. Trading volume (6.2 M) remained 218,419 below its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 14, 2023.
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March 14, 2023 20:34 ET (00:34 GMT)
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