Baxter International Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Baxter International Inc. (BAX) rallied 1.98% to $41.23 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.99% to 4,221.02 and the Dow Jones Industrial Average rising 0.47% to 33,061.57.
This was the stock's second consecutive day of gains.
Baxter International Inc. closed $33.27 short of its 52-week high ($74.50), which the company achieved on June 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Medtronic PLC (MDT) fell 0.01% to $82.75, Stryker Corp. (SYK) rose 1.08% to $278.57, and Becton Dickinson & Co. (BDX) rose 2.63% to $248.11.
Trading volume (3.5 M) remained 2.4 million below its 50-day average volume of 5.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2023.
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June 01, 2023 16:40 ET (20:40 GMT)
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