RE:RE:Baxter expects $200M hit from hurricane/floodingCan't catch a break is right. And why was the entire supply of IV fluids so reliant on just one factory? It's not just masks and toilet paper anymore, it's baby formula shortages, lidocaine shortages, and now a ubiquitous medical product like IV fluid. That's crazy and it needs to change. So Baxter is going to be puting out updates every Thursday on their factory and I'll put the link at the bottom but I also did want to point out that I was pleasantly surprised with how much cash they had at the end of the 3rd quarter and the early signs that large investors were willing to exercise early their warrants and convertibles. I'm not saying it's enough but it was more than I was predicting.
https://www.baxter.com/baxter-newsroom/hurricane-helene-updates