Shares of Baxter International Inc. BAX, -1.10% shed 1.10% to $40.50 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +1.14% rising 1.14% to 4,137.29 and the Dow Jones Industrial Average DJIA, +1.11% rising 1.11% to 34,245.93. Baxter International Inc. closed $46.46 below its 52-week high ($86.96), which the company reached on February 25th.
The stock underperformed when compared to some of its competitors Monday, as Medtronic PLC MDT, +0.84% rose 0.84% to $84.39, Stryker Corp. SYK, +1.00% rose 1.00% to $266.99, and Becton Dickinson & Co. BDX, -0.23% fell 0.23% to $247.25. Trading volume (7.3 M) eclipsed its 50-day average volume of 6.2 M.