Why Baxter International Stock Was Tumbling Today

2026-02-12 14:30:37 ET

Sprawling medical device s and technology company Baxter International (NYSE: BAX) looked like it needed some medicine and a little rest on Thursday. The company's shares were down 17% in mid-session trading, on the back of an earnings report that many investors found lackluster.

Baxter's fourth quarter of 2025 saw total sales rise 8% year over year to $2.97 billion. The company's net income from continuing operations not in accordance with generally accepted accounting principles (GAAP), however, slumped by 24% to $225 million ($0.44 per share).

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