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Baxter International Inc. (BAX) is a global healthcare company headquartered in Deerfield, Illinois, that develops and manufactures medical devices, connected care solutions, and injectable medicines. With a market capitalization of $12.8 billion, its products support hospitals, clinics, and home care settings, helping improve patient outcomes through innovations in critical care, medication delivery, renal care, and healthcare technology.
Shares of this beverage giant have significantly underperformed the broader market over the past year. BAX has declined 4.6% during this period, while the broader S&P 500 Index ($SPX) has rallied nearly 16.9%. However, the stock is up 40% year-to-date, outperforming the index's 8.7% gain over the same period.
