DJ 3M Co. Stock Underperforms Friday When Compared To Competitors
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Shares of 3M Co. $(MMM.AU)$ slipped 1.39% to $129.79 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.32% to 5,870.62 and Dow Jones Industrial Average falling 0.70% to 43,444.99.
The stock's fall snapped a two-day winning streak.
3M Co. closed $11.55 short of its 52-week high ($141.34), which the company achieved on October 22nd.
The stock underperformed when compared to some of its competitors Friday, as Johnson & Johnson $(JNJ)$ rose 1.40% to $154.00, Honeywell International Inc. $(HON)$ fell 0.24% to $228.99, and GE Aerospace $(GE)$ fell 0.82% to $176.93.
Trading volume (1.9 M) remained 1.8 million below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.
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(END) Dow Jones Newswires
November 15, 2024 16:31 ET (21:31 GMT)
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