3M Co. Stock Outperforms Competitors On Strong Trading Day
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Shares of 3M Co. (MMM) advanced 2.19% to $125.15 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.75% to 3,852.97 and the Dow Jones Industrial Average rising 0.40% to 33,269.77. This was the stock's second consecutive day of gains. 3M Co. closed $56.63 below its 52-week high ($181.78), which the company reached on January 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Johnson & Johnson (JNJ) rose 1.09% to $180.13, Honeywell International Inc. (HON) fell 1.99% to $210.04, and General Electric Co. (GE) rose 5.86% to $70.20. Trading volume (2.8 M) remained 82,581 below its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 4, 2023.
(END) Dow Jones Newswires
January 04, 2023 16:32 ET (21:32 GMT)
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