3M Co. Stock Rises Monday, Outperforms Market
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Shares of 3M Co. (MMM) inched 0.69% higher to $127.63 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.39% to 3,949.94 and Dow Jones Industrial Average falling 0.13% to 33,700.28. The stock's rise snapped a three-day losing streak. 3M Co. closed $54.65 short of its 52-week high ($182.28), which the company achieved on November 22nd.
The stock outperformed some of its competitors Monday, as Illinois Tool Works Inc. (ITW) fell 0.38% to $226.01, General Electric Co. (GE) rose 0.48% to $85.89, and Danaher Corp. (DHR) fell 0.23% to $260.06. Trading volume (2.1 M) remained 1.6 million below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2022.
(END) Dow Jones Newswires
November 21, 2022 16:31 ET (21:31 GMT)
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