Law Offices of Howard G. Smith announces an investigation on behalf of Baxter International Inc. (“Baxter” or the “Company”) (NYSE: BAX) investors concerning the Company’s possible violations of federal securities laws.

On February 9, 2023, before the market opened, Baxter released its fourth quarter and full year 2022 financial results, revealing that the Company did not meet its earning guidance for the year. The Company claimed that “supply chain headwinds continue to weigh on business performance.”

On this news, Baxter’s stock price fell $4.67, or 10.2%, to close at $41.01 per share on February 9, 2023, thereby injuring investors.

If you purchased Baxter securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230719181933/en/