Baxter International Inc. Stock Falls Friday, Underperforms Market
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Shares of Baxter International Inc. (BAX) slipped 2.06% to $37.58 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.10% to 3,916.64 and Dow Jones Industrial Average falling 1.19% to 31,861.98. Baxter International Inc. closed $43.14 below its 52-week high ($80.72), which the company achieved on March 29th.
The stock underperformed when compared to some of its competitors Friday, as Medtronic PLC (MDT) fell 1.24% to $78.29, Stryker Corp. (SYK) fell 0.28% to $274.44, and Becton Dickinson & Co. (BDX) fell 1.02% to $235.58. Trading volume (11.7 M) eclipsed its 50-day average volume of 6.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 17, 2023.
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March 17, 2023 16:40 ET (20:40 GMT)
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