3M Co. Stock Rises Tuesday, Still Underperforms Market

Universal Health Realty Income Trust

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Company profile

Universal Health Realty Income Trust is a real estate investment trust. The Company invests in health care and human service related facilities, including acute care hospitals, behavioral health care hospitals, specialty facilities, free-standing emergency departments, childcare centers, and medical/office buildings. The Company’s portfolio consists of approximately 75 real estate investments or commitments located in approximately 21 states in the United States consisting of approximately six hospital facilities, including three acute care and three behavioral health care; approximately fifty-eight medical/office buildings; approximately four free-standing emergency departments; and approximately four preschool and childcare centers, and approximately three specialty facilities. The Company’s portfolio includes McAllen Medical Center, Wellington Regional Medical Center, Canyon Creek Behavioral Health and Clive Behavioral Health Hospital.

3M Co. Stock Rises Tuesday, Still Underperforms Market

4:31 pm ET November 8, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of 3M Co. (MMM) inched 0.54% higher to $125.35 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.56% to 3,828.11 and the Dow Jones Industrial Average rising 1.02% to 33,160.83. 3M Co. closed $60.95 below its 52-week high ($186.30), which the company achieved on November 12th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Illinois Tool Works Inc. (ITW) fell 0.48% to $214.68, General Electric Co. (GE) rose 0.65% to $84.00, and Danaher Corp. (DHR) rose 1.59% to $253.01. Trading volume (1.8 M) remained 7.0 million below its 50-day average volume of 8.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2022.

(END) Dow Jones Newswires

November 08, 2022 16:31 ET (21:31 GMT)