3M Co. Stock Rises Friday, Still Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of 3M Co. (MMM) rallied 1.87% to $120.65 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.89% to 3,972.61 and the Dow Jones Industrial Average rising 1.00% to 33,375.49. The stock's rise snapped a three-day losing streak. 3M Co. closed $55.37 below its 52-week high ($176.02), which the company reached on January 21st.
The stock outperformed some of its competitors Friday, as Johnson & Johnson (JNJ) fell 0.47% to $168.74, Honeywell International Inc. (HON) rose 0.68% to $202.03, and General Electric Co. (GE) rose 1.07% to $77.68. Trading volume (4.3 M) eclipsed its 50-day average volume of 2.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 20, 2023.
(END) Dow Jones Newswires
January 20, 2023 16:32 ET (21:32 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.