Baxter Stock Falls To 52-Week Low On Trimmed Annual Outlook - Baxter Intl (NYSE:BAX)

Baxter Stock Falls To 52-Week Low On Trimmed Annual Outlook - Baxter Intl (NYSE:BAX)

Baxter International Inc. (NYSE:BAX) is down 19.4% at $22.66 at the last check on Thursday. At around 11 a.m. EST, shares of the medical device company traded at $21.68—just shy of its 52-week low. Baxter reported a second-quarter adjusted EPS of 59 cents. That’s inline with the management guidance of 59-63 cents and the Wall Street estimate of 61 cents. Baxter reported sales of $2.81 billion, up 4% year over year on a reported basis and 1% on a…