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How Is Baxter International's Stock Performance Compared to Other Medical Devices Stocks?

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Baxter International Inc. (BAX), headquartered in Deerfield, Illinois, is a global leader in healthcare solutions, specializing in medical devices, pharmaceuticals, and biotechnology products. With a market cap of $14.
The article from MSN Money discusses Baxter International Inc.'s stock performance in comparison to other companies within the Medical Devices sector. Baxter International has experienced a year-to-date loss of about 10.5%, underperforming the sector's average gain of 1.7%. Over the past year, its stock has decreased by 45.7%, significantly worse than the sector's average decline of 1.2%. Despite this, Baxter's stock has shown some resilience with a slight increase of 1.2% in the last week. The article also mentions that Baxter International has a market capitalization of $17.6 billion, with its stock trading at $34.91 per share. It provides context by comparing Baxter to other medical device companies like Stryker, Boston Scientific, and Medtronic, noting that while Baxter has underperformed, the sector as a whole has seen varied results with some companies doing better than others.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/how-is-baxter-international-s-stock-performance-compared-to-other-medical-devices-stocks/ar-AA1wwxFF ]