Baxter International Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Baxter International Inc. (BAX) slipped 2.33% to $40.33 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 4,205.52 and the Dow Jones Industrial Average falling 0.15% to 33,042.78.
This was the stock's seventh consecutive day of losses.
Baxter International Inc. closed $36.18 short of its 52-week high ($76.51), which the company achieved on May 31st.
The stock underperformed when compared to some of its competitors Tuesday, as Medtronic PLC (MDT) rose 1.28% to $82.50, Stryker Corp. (SYK) fell 0.40% to $271.49, and Becton Dickinson & Co. (BDX) fell 1.13% to $238.39.
Trading volume (9.4 M) eclipsed its 50-day average volume of 5.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 30, 2023.
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May 30, 2023 16:40 ET (20:40 GMT)
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