DJ 3M Co. Stock Underperforms Wednesday When Compared To Competitors
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Shares of 3M Co. $(MMM.AU)$ shed 0.27% to $127.84 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
This was the stock's second consecutive day of losses.
3M Co. closed $13.50 below 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 Wednesday, as Johnson & Johnson $(JNJ)$ rose 0.07% to $153.11, Honeywell International Inc. $(HON)$ fell 0.67% to $226.67, and GE Aerospace $(GE)$ rose 0.24% to $177.98.
Trading volume (1.7 M) remained 2.0 million below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 16:31 ET (21:31 GMT)
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