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Shares of Baxter International Inc. (BAX) dropped 0.19% to $42.50 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.12% to 4,145.58 and Dow Jones Industrial Average falling 0.69% to 33,055.51.
This was the stock's third consecutive day of losses.
Baxter International Inc. closed $34.58 below its 52-week high ($77.08), which the company achieved on May 25th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Medtronic PLC (MDT) fell 2.65% to $87.13, Stryker Corp. (SYK) fell 4.20% to $274.16, and Becton Dickinson & Co. (BDX) fell 1.82% to $246.48.
Trading volume (4.0 M) remained 2.1 million below its 50-day average volume of 6.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 23, 2023.
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May 23, 2023 16:40 ET (20:40 GMT)
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