3M Co. Stock Outperforms Market On Strong Trading Day
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Shares of 3M Co. (MMM) inched 0.79% higher to $126.99 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.10% to 34,429.88 and the S&P 500 Index falling 0.12% to 4,071.70. This was the stock's second consecutive day of gains. 3M Co. closed $54.79 below 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 Friday, as Johnson & Johnson (JNJ) rose 0.08% to $178.88, Honeywell International Inc. (HON) rose 0.78% to $219.08, and General Electric Co. (GE) rose 1.90% to $86.88. Trading volume (1.8 M) remained 1.2 million below its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2022.
(END) Dow Jones Newswires
December 02, 2022 16:33 ET (21:33 GMT)
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