3M Co. Stock Outperforms Competitors On Strong Trading Day
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Shares of 3M Co. (MMM) rallied 1.63% to $122.62 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,019.81 and the Dow Jones Industrial Average rising 0.76% to 33,629.56. This was the stock's second consecutive day of gains. 3M Co. closed $52.63 short of its 52-week high ($175.25), which the company reached on January 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Johnson & Johnson (JNJ) fell 0.25% to $168.31, Honeywell International Inc. (HON) rose 1.20% to $204.46, and General Electric Co. (GE) rose 2.69% to $79.77. Trading volume (3.4 M) eclipsed its 50-day average volume of 2.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 23, 2023.
(END) Dow Jones Newswires
January 23, 2023 16:32 ET (21:32 GMT)
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