3M Co. Stock Falls Wednesday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of 3M Co. (MMM) shed 0.13% to $125.97 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 3.09% to 4,080.11 and the Dow Jones Industrial Average rising 2.18% to 34,589.77. 3M Co. closed $55.81 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 Wednesday, as Johnson & Johnson (JNJ) rose 1.08% to $178.00, Honeywell International Inc. (HON) rose 1.31% to $219.55, and General Electric Co. (GE) rose 0.36% to $85.97. Trading volume (5.7 M) eclipsed its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 30, 2022.
(END) Dow Jones Newswires
November 30, 2022 16:32 ET (21:32 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.