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3M Co. Stock Outperforms Market On Strong Trading Day

4:32 pm ET December 7, 2022 (MarketWatch)

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of 3M Co. (MMM) advanced 1.42% to $126.35 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 33,597.92 and the S&P 500 Index falling 0.19% to 3,933.92. The stock's rise snapped a two-day losing streak. 3M Co. closed $55.43 short of its 52-week high ($181.78), which the company achieved on January 5th.

The stock outperformed some of its competitors Wednesday, as Johnson & Johnson (JNJ) rose 0.61% to $177.17, Honeywell International Inc. (HON) rose 0.12% to $213.45, and General Electric Co. (GE) fell 0.33% to $85.00. Trading volume (2.7 M) remained 229,038 below its 50-day average volume of 2.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 7, 2022.


(END) Dow Jones Newswires

December 07, 2022 16:32 ET (21:32 GMT)

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