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Shares of Baxter International Inc. (BAX) shed 0.89% to $42.12 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.73% to 4,115.24 and Dow Jones Industrial Average falling 0.77% to 32,799.92.
This was the stock's fourth consecutive day of losses.
Baxter International Inc. closed $34.96 short of its 52-week high ($77.08), which the company achieved on May 25th.
The stock underperformed when compared to some of its competitors Wednesday, as Medtronic PLC (MDT) rose 0.41% to $87.49, Stryker Corp. (SYK) fell 0.58% to $272.56, and Becton Dickinson & Co. (BDX) fell 0.50% to $245.25.
Trading volume (4.3 M) remained 1.7 million below its 50-day average volume of 6.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2023.
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May 24, 2023 16:40 ET (20:40 GMT)
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