Updated
Updated · MarketWatch · Apr 30Becton Dickinson stock rallies and snaps seven-day losing streak
9 articles · Updated · MarketWatch · Apr 30
- The shares rose 2.57% to $149.04 on Thursday, with trading volume of 3.6 million topping the 50-day average of 2.7 million.
- The gain came as the S&P 500 climbed 1.02% to 7,209.01 and the Dow added 1.62% to 49,652.14 in a broad market advance.
- Becton Dickinson still closed 20.45% below its 52-week high of $187.35 reached on 24 February, while Medtronic, Danaher and DexCom also posted gains.
After a major spin-off and lowered earnings, can BDX's new strategy actually deliver its promised growth? As rivals acquire new tech, is BDX's internal restructuring enough to win?