Baxter International Inc. Stock Slips 7.7%, Underperforms Peers

Dow Jones10-30

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Baxter International Inc. slipped 7.7% to $23.50 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.3% to 7,720.39 and Dow Jones Industrial Average falling 0.3% to 52,342.56.

Baxter International Inc. closed 21.7% below its 52-week high of $30.00, which the company achieved on July 30th.

The stock underperformed when compared to some of its peers, as Medtronic PLC rose 2.5% to $97.11, Stryker Corp. rose 2.5% to $311.75, and Becton Dickinson & Co. rose 1.63% to $198.34.

Trading volume totaled 15.7 million, compared to the 50-day average of 6.1 million.

Data source: Dow Jones Market Data, FactSet

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