DJ 3M Co. Stock Rises Monday, Still Underperforms Market
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Shares of 3M Co. $(MMM.AU)$ inched 0.29% higher to $130.17 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.39% to 5,893.62 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.
3M Co. closed $11.17 short of its 52-week high ($141.34), which the company reached on October 22nd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Johnson & Johnson $(JNJ)$ rose 0.50% to $154.77, Honeywell International Inc. $(HON)$ fell 0.06% to $228.85, and GE Aerospace $(GE)$ rose 0.33% to $177.52.
Trading volume (2.4 M) remained 1.3 million below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2024.
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(END) Dow Jones Newswires
November 18, 2024 16:31 ET (21:31 GMT)
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