This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of 3M Co. (MMM) inched 0.76% higher to $128.60 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.36% to 4,003.58 and the Dow Jones Industrial Average rising 1.18% to 34,098.10. This was the stock's second consecutive day of gains. 3M Co. closed $53.18 short of its 52-week high ($181.78), which the company reached on January 5th.
The stock underperformed when compared to some of its competitors Tuesday, as Illinois Tool Works Inc. (ITW) rose 1.21% to $228.75, General Electric Co. (GE) rose 1.64% to $87.30, and Danaher Corp. (DHR) rose 0.76% to $262.04. Trading volume (1.7 M) remained 1.6 million below its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2022.
(END) Dow Jones Newswires
November 22, 2022 16:31 ET (21:31 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.