Shares of 3M Company (MMM) ended the trading day Wednesday at $174.11,
representing a move of 0.15%, or $0.26 per share, on volume of 1.39 million shares.
3M is a multinational conglomerate that has operated since 1902 when it was known as Minnesota Mining and Manufacturing. The company is well-known for its research and development laboratory, and the firm leverages its science and technology across multiple product categories. As of 2019, 3M is organized into four business segments: safety and industrial, transportation and electronics, healthcare, and consumer. About 60% of the company’s revenue comes from outside the United States, with the safety and industrial segment constituting most of the firm’s net sales. Many of the company’s 55,000-plus products touch and concern a variety of consumers and end markets.
After opening the trading day at $173.88, shares of 3M Company traded between a range of $173.38 and $174.92. 3M Company currently has a total float of 576.82 million
shares and on average sees n/a shares exchange hands each day.
The stock now has a 50-day SMA of $n/a and 200-day SMA of $n/a, and it has a high of $182.55 and low of $114.04 over the last year.
3M Company is based out of St. Paul, MN, and has 96,163 employees. The company’s CEO is Michael F. Roman.
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GET TO KNOW THE DOW
The Dow Jones Industrial Average is the oldest and most-often cited stock market index for the American equities market. Along
with other major indices such as the S&P 500 and Nasdaq, it remains one of the most visible representations of the stock market to the outside world. The index consists of 30 blue chip companies and
is a price-weighted index as opposed to a market-cap weighted index. This approach has made it somewhat controversial among market watchers. (See: Opinion: The DJIA is a Relic and We Need to Move On)
The history of the index dates all the way back to 1896 when it was first created by Charles Dow, the legendary founding editor of the Wall Street Journal and founder of Dow Jones & Company, and
Edward Jones, a statistician. The price-weighted, scaled index has since become a standard part of most major daily news recaps and has seen dozens of different companies pass through its ranks,
with only General Electric ($GE) remaining on the index since its inception.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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