Sticking With Baxter At The Lows

2026-03-06 10:01:42 ET

At a Citi conference last week, Baxter International ( BAX ) chief financial officer Joel Grade made an interesting admission. On his company's Q3 conference call in late October, chief executive officer Andrew Hider had said he anticipated that the company would hold an Investor Day this year. Such an event would make sense, given that Hider took over only in August, and has been tasked with a wide-ranging and potentially complex effort to turn the business around....

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