3M Co. Stock Rises Thursday, Outperforms Market
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Shares of 3M Co. (MMM) inched 0.02% higher to $125.99 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.09% to 4,076.57 and Dow Jones Industrial Average falling 0.56% to 34,395.01. 3M Co. closed $55.79 short of its 52-week high ($181.78), which the company achieved on January 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Johnson & Johnson (JNJ) rose 0.42% to $178.74, Honeywell International Inc. (HON) fell 0.98% to $217.39, and General Electric Co. (GE) fell 0.83% to $85.26. Trading volume (2.6 M) remained 415,483 below its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 1, 2022.
(END) Dow Jones Newswires
December 01, 2022 16:32 ET (21:32 GMT)
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