3M Co. Stock Rises Tuesday, Still Underperforms Market
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Shares of 3M Co. (MMM) inched 0.15% higher to $131.22 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.87% to 3,991.73 and the Dow Jones Industrial Average rising 0.17% to 33,592.92. 3M Co. closed $52.98 below its 52-week high ($184.20), which the company reached on November 16th.
The stock underperformed when compared to some of its competitors Tuesday, as Illinois Tool Works Inc. (ITW) rose 0.95% to $227.86, General Electric Co. (GE) rose 1.53% to $87.14, and Danaher Corp. (DHR) rose 1.35% to $270.33. Trading volume (2.5 M) remained 3.4 million below its 50-day average volume of 5.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2022.
(END) Dow Jones Newswires
November 15, 2022 16:31 ET (21:31 GMT)
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