3M Co. Stock Falls Monday, Underperforms Market
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Shares of 3M Co. (MMM) slid 3.41% to $124.64 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.54% to 3,963.94 and Dow Jones Industrial Average falling 1.45% to 33,849.46. 3M Co. closed $57.14 short of its 52-week high ($181.78), which the company achieved on January 5th.
The stock underperformed when compared to some of its competitors Monday, as Johnson & Johnson (JNJ) rose 0.05% to $177.33, Honeywell International Inc. (HON) fell 1.95% to $215.77, and General Electric Co. (GE) fell 3.03% to $85.47. Trading volume (2.7 M) remained 395,306 below its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 28, 2022.
(END) Dow Jones Newswires
November 28, 2022 16:32 ET (21:32 GMT)
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