3M Co. Stock Underperforms Friday When Compared To Competitors
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Shares of 3M Co. (MMM) slumped 0.54% to $119.92 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.25% to 3,839.50 and Dow Jones Industrial Average falling 0.22% to 33,147.25. 3M Co. closed $61.86 below its 52-week high ($181.78), which the company achieved on January 5th.
The stock underperformed when compared to some of its competitors Friday, as Johnson & Johnson (JNJ) fell 0.51% to $176.65, Honeywell International Inc. (HON) fell 0.21% to $214.30, and General Electric Co. (GE) rose 0.05% to $83.79. Trading volume (2.1 M) remained 777,173 below its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2022.
(END) Dow Jones Newswires
December 30, 2022 16:32 ET (21:32 GMT)
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