DJ 3M Co. Stock Outperforms Competitors On Strong Trading Day
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Shares of 3M Co. $(MMM)$ advanced 4.72% to $96.51 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.57% to 5,035.69 and Dow Jones Industrial Average falling 1.49% to 37,815.92.
This was the stock's third consecutive day of gains.
3M Co. hit a new 52-week high, surpassing its previous peak of $95.67, which the company reached on April 4th.
The stock outperformed some of its competitors Tuesday, as Johnson & Johnson $(JNJ)$ fell 1.52% to $144.59, Honeywell International Inc. $(HON)$ fell 0.54% to $192.73, and GE Aerospace $(GE)$ fell 1.62% to $161.82.
Trading volume (16.7 M) eclipsed its 50-day average volume of 5.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 30, 2024.
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(END) Dow Jones Newswires
April 30, 2024 16:32 ET (20:32 GMT)
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