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With a market cap of $15.6 billion, Baxter International Inc. (BAX) is a global healthcare company that specializes in medical products and therapies, with a strong focus on renal care, medication delivery, and pharmaceuticals. Headquartered in Deerfield, Illinois, the company provides a wide range of healthcare solutions for hospitals, clinics, and home care settings worldwide.
Shares of BAX have lagged behind the broader market over the past 52 weeks. BAX has decreased 17% over this time frame, while the broader S&P 500 Index ($SPX) has gained 8.6%. However, Baxter International stock has risen 3.9% on a YTD basis, outpacing SPX's 4.4% decline.