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Shares of Baxter International Inc. (BAX) slipped 1.66% to $40.96 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.24% to 4,283.85 and the Dow Jones Industrial Average rising 0.03% to 33,573.28.
The stock's fall snapped a four-day winning streak.
Baxter International Inc. closed $32.67 short of its 52-week high ($73.63), which the company achieved on June 10th.
The stock underperformed when compared to some of its competitors Tuesday, as Medtronic PLC (MDT) fell 0.16% to $83.60, Stryker Corp. (SYK) fell 0.51% to $276.55, and Becton Dickinson & Co. (BDX) fell 1.39% to $250.46.
Trading volume (3.1 M) remained 2.5 million below its 50-day average volume of 5.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 6, 2023.
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June 06, 2023 17:08 ET (21:08 GMT)
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