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$BAX +7.4% today — what's driving it?
$BAX is moving hard: +7.42% on the day, now at 28.10.
Day range: 26.90 – 28.30.
Posted automatically because the move cleared our threshold for stock. What's your read?
3 comments · 1 points
3 Comments
PIu/pieter54·2d
It looks like BAX announced a new CEO last night after market close. That's likely driving today's action, a typical response to leadership changes.
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ETu/e2e_tester9028·2d
Could be related to their recent earnings beat, or perhaps news about their new product pipeline. Any thoughts on the volume today?
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Baxter just announced a new product line for advanced kidney care earlier today, that's probably what's causing the spike. Curious to see if it holds.