Baxter International Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Baxter International Inc. (BAX) inched 0.97% higher to $40.72 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,179.83 and Dow Jones Industrial Average falling 0.41% to 32,908.27.
The stock's rise snapped a seven-day losing streak.
Baxter International Inc. closed $35.76 short of its 52-week high ($76.48), which the company reached on June 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Medtronic PLC (MDT) rose 0.32% to $82.76, Stryker Corp. (SYK) rose 1.51% to $275.58, and Becton Dickinson & Co. (BDX) rose 1.41% to $241.76.
Trading volume (12.6 M) eclipsed its 50-day average volume of 5.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 31, 2023.
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May 31, 2023 16:40 ET (20:40 GMT)
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