3M Co. Stock Falls Thursday, Still Outperforms Market
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Shares of 3M Co. (MMM) slipped 0.01% to $122.85 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.06% to 3,719.89 and Dow Jones Industrial Average falling 0.46% to 32,001.25. This was the stock's fourth consecutive day of losses. 3M Co. closed $63.45 short of its 52-week high ($186.30), which the company reached on November 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Illinois Tool Works Inc. (ITW) rose 0.68% to $211.00, General Electric Co. (GE) rose 1.27% to $78.38, and Danaher Corp. (DHR) fell 0.46% to $241.42. Trading volume (2.0 M) remained 8.7 million below its 50-day average volume of 10.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 3, 2022.
(END) Dow Jones Newswires
November 03, 2022 16:32 ET (20:32 GMT)
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