Deerfield-based Baxter International Inc. (BAX) is a global medical technology company with a market cap of $17.6 billion. Specializing in renal and hospital products, it provides essential medical equipment and therapies for patients worldwide across various healthcare settings.
Shares of this medical equipment company have significantly underperformed the broader market over the past 52 weeks. BAX has declined 19% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 26.9%. In 2024, shares of BAX are down 10.6%, compared to SPX's 11.6% gains on a YTD basis.
