DJ 3M Co. Stock Outperforms Competitors Despite Losses On The Day
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Shares of 3M Co. $(MMM)$ slipped 0.05% to $105.21 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.09% to 5,308.13 and the Dow Jones Industrial Average falling 0.49% to 39,806.77.
The stock's fall snapped an eight-day winning streak.
3M Co. closed $0.51 short of its 52-week high ($105.72), which the company achieved on May 17th.
Despite its losses, the stock outperformed some of its competitors Monday, as Johnson & Johnson $(JNJ)$ fell 1.39% to $151.27, Honeywell International Inc. $(HON)$ fell 0.66% to $204.62, and GE Aerospace $(GE)$ fell 0.38% to $159.28.
Trading volume (3.8 M) remained 2.1 million below its 50-day average volume of 5.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 20, 2024.
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(END) Dow Jones Newswires
May 20, 2024 16:31 ET (20:31 GMT)
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