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Shares of Baxter International Inc. (BAX) shed 2.10% to $42.47 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.16% to 4,124.08 and Dow Jones Industrial Average falling 0.03% to 33,300.62.
This was the stock's second consecutive day of losses.
Baxter International Inc. closed $34.61 below its 52-week high ($77.08), which the company reached on May 25th.
The stock underperformed when compared to some of its competitors Friday, as Medtronic PLC (MDT) fell 0.16% to $88.88, Stryker Corp. (SYK) rose 0.12% to $285.47, and Becton Dickinson & Co. (BDX) rose 0.44% to $252.51.
Trading volume (5.0 M) remained 1.2 million below its 50-day average volume of 6.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2023.
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May 12, 2023 16:40 ET (20:40 GMT)
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