3M Co. Stock Outperforms Market On Strong Trading Day
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Shares of 3M Co. (MMM) advanced 2.13% to $122.47 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.40% to 3,824.14 and Dow Jones Industrial Average falling 0.03% to 33,136.37. 3M Co. closed $59.31 short of its 52-week high ($181.78), which the company achieved on January 5th.
The stock outperformed some of its competitors Tuesday, as Johnson & Johnson (JNJ) rose 0.87% to $178.19, Honeywell International Inc. (HON) remained unchanged, and General Electric Co. (GE) rose 1.42% to $84.98. Trading volume (2.6 M) remained 258,095 below its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 3, 2023.
(END) Dow Jones Newswires
January 03, 2023 16:32 ET (21:32 GMT)
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