3M Co. Stock Outperforms Market On Strong Trading Day
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Shares of 3M Co. (MMM) inched 0.06% higher to $126.79 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.08% to 3,892.09 and Dow Jones Industrial Average falling 0.34% to 33,517.65. This was the stock's second consecutive day of gains. 3M Co. closed $54.55 short of its 52-week high ($181.34), which the company achieved on January 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Johnson & Johnson (JNJ) fell 2.59% to $175.58, Honeywell International Inc. (HON) rose 0.19% to $210.67, and General Electric Co. (GE) rose 1.01% to $72.67. Trading volume (2.9 M) eclipsed its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 9, 2023.
(END) Dow Jones Newswires
January 09, 2023 16:32 ET (21:32 GMT)
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