3M Co. Stock Rises Friday, Still Underperforms Market
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Shares of 3M Co. (MMM) inched 0.12% higher to $129.51 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.40% to 3,999.09 and the Dow Jones Industrial Average rising 0.33% to 34,302.61. This was the stock's sixth consecutive day of gains. 3M Co. closed $51.36 below its 52-week high ($180.87), which the company reached on January 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Johnson & Johnson (JNJ) fell 0.33% to $173.43, Honeywell International Inc. (HON) rose 0.29% to $216.61, and General Electric Co. (GE) rose 1.70% to $80.20. Trading volume (1.7 M) remained 916,152 below its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 13, 2023.
(END) Dow Jones Newswires
January 13, 2023 16:32 ET (21:32 GMT)
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