Baxter International Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Baxter International Inc. (BAX) inched 0.24% higher to $41.33 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.45% to 4,282.37 and the Dow Jones Industrial Average rising 2.12% to 33,762.76.
This was the stock's third consecutive day of gains.
Baxter International Inc. closed $33.10 below its 52-week high ($74.43), which the company reached on June 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Medtronic PLC (MDT) rose 1.22% to $83.76, Stryker Corp. (SYK) fell 0.10% to $278.30, and Becton Dickinson & Co. (BDX) rose 1.48% to $251.79.
Trading volume (3.7 M) remained 2.1 million below its 50-day average volume of 5.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2023.
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June 02, 2023 17:08 ET (21:08 GMT)
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