3M (MMM) Ascends While Market Falls: Some Facts to Note
The latest trading day saw 3M (MMM) settling at $104.64, representing a +1.29% change from its previous close.
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Blue-Chip Consumer Goods Sock Could See Tailwinds
After hitting a May 20, 52-week high, consumer goods stock 3M Co (NYSE:MMM) pulled back to its 20-day moving average and $100 century mark. Buying followed a bullish post-earnings reaction in early May, even as retail clients at major brokerages were net sellers during the month. Since then, MMM took out its 2020 low at $97 and later retested that level.
3M (MMM) Ascends While Market Falls: Some Facts to Note
In the most recent trading session, 3M (MMM) closed at $103.23, indicating a +1.53% shift from the previous trading day.
Here is What to Know Beyond Why 3M Company (MMM) is a Trending Stock
3M (MMM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Is 3M the Best Value Stock for You?
A new CEO and an ongoing restructuring program should help the company improve its performance. Management has strengthened the company's balance sheet to give it more financial flexibility.
3M finance chief departs after new CEO arrives
3M Co (NYSE:MMM) chief financial officer Monish Patolawala has resigned, to pursue another opportunity, weeks after the company appointed a new CEO. Patolawala was announced today as joining Archer-Daniels-Midland, the food processor and grain trader.
3M's Financial Chief Is Resigning. The Stock Drops.
Chief Financial Officer Monish Patolawala is resigning at the end of July.
3M: A Dividend Cutter With A Strong Buy Rating
Investing in dividend growers historically outperforms the market, while cutters underperform. 3M Company shows promising signs of recovery and growth despite its recent dividend cut. Strategic moves like the Solventum spin-off position 3M for a strong comeback and potential substantial returns.
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Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Is Trending Stock 3M Company (MMM) a Buy Now?
3M (MMM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
3M (MMM) Stock Falls Amid Market Uptick: What Investors Need to Know
3M (MMM) closed at $102.05 in the latest trading session, marking a -0.91% move from the prior day.
