3M Co. stock falls Thursday, still outperforms market

3M Co. stock falls Thursday, still outperforms market

Shares of 3M Co. MMM slid 1.54% to $163.15 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 1.76% to 3,339.19 and Dow Jones Industrial Average DJIA falling 1.45% to 27,534.58. 3M Co. closed $19.39 below its 52-week high ($182.54), which the company reached on January 14th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Amazon.com Inc. AMZN fell 2.86% to $3,175.11, Johnson & Johnson JNJ fell 1.86% to $146.91, and Danaher Corp. DHR rose 0.57% to $203.09. Trading volume (2.0 M) remained 501,567 below its 50-day average volume of 2.5 M.

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