Baxter International Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Baxter International Inc. (BAX) shed 1.14% to $39.16 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,936.97 and Dow Jones Industrial Average falling 1.63% to 32,030.11. The stock's fall snapped a two-day winning streak. Baxter International Inc. closed $41.56 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 Wednesday, as Medtronic PLC (MDT) fell 1.59% to $79.94, Stryker Corp. (SYK) fell 2.08% to $272.34, and Becton Dickinson & Co. (BDX) fell 0.55% to $238.92. Trading volume (6.6 M) remained 283,033 below its 50-day average volume of 6.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 22, 2023.
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March 22, 2023 16:40 ET (20:40 GMT)
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