3M Co. Stock Falls Thursday, Still Outperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of 3M Co. (MMM) slumped 0.08% to $127.15 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.31% to 3,946.56 and Dow Jones Industrial Average falling 0.02% to 33,546.32. This was the stock's second consecutive day of losses. 3M Co. closed $55.39 short of its 52-week high ($182.54), which the company reached on November 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Illinois Tool Works Inc. (ITW) fell 0.53% to $226.45, General Electric Co. (GE) rose 0.58% to $85.39, and Danaher Corp. (DHR) fell 2.46% to $259.62. Trading volume (2.2 M) remained 2.4 million below its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 17, 2022.
(END) Dow Jones Newswires
November 17, 2022 16:31 ET (21:31 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.