Shares of 3M Firm (MMM) ended the buying and selling day Wednesday at $170.22,
representing a transfer of 0.65%, or $1.1 per share, on quantity of 2.67 million shares.
3M is a multinational conglomerate that has operated since 1902 when it was often known as Minnesota Mining and Manufacturing. The corporate is well-known for its analysis and growth laboratory, and the agency leverages its science and know-how throughout a number of product classes. As of 2019, 3M is organized into 4 enterprise segments: security and industrial, transportation and electronics, healthcare, and shopper. About 60% of the corporate’s income comes from outdoors the USA, with the protection and industrial section constituting many of the agency’s internet gross sales. Lots of the firm’s 55,000-plus merchandise contact and concern a wide range of shoppers and finish markets.
After opening the buying and selling day at $169.04, shares of 3M Firm traded between a spread of $168.43 and $170.58. 3M Firm at present has a complete float of 576.82 million
shares and on common sees n/a shares exchange arms every day.
The stock now has a 50-day SMA of $n/a and 200-day SMA of $n/a, and it has a excessive of $181.92 and low of $114.04 during the last 12 months.
3M Firm relies out of St. Paul, MN, and has 96,163 workers. The corporate’s CEO is Michael F. Roman.
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GET TO KNOW THE DOW
The Dow Jones Industrial Common is the oldest and most-often cited stock market index for the American equities market. Alongside
with different main indices such because the S&P 500 and Nasdaq, it stays probably the most seen representations of the stock market to the surface world. The index consists of 30 blue chip firms and
is a price-weighted index versus a market-cap weighted index. This method has made it considerably controversial amongst market watchers. (See: Opinion: The DJIA is a Relic and We Must Transfer On)
The historical past of the index dates all the best way again to 1896 when it was first created by Charles Dow, the legendary founding editor of the Wall Street Journal and founding father of Dow Jones & Firm, and
Edward Jones, a statistician. The price-weighted, scaled index has since turn out to be a normal a part of most main day by day information recaps and has seen dozens of various firms move by way of its ranks,
with solely General Electrical ($GE) remaining on the index since its inception.
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All knowledge supplied by QuoteMedia and was correct as of 4:30PM ET.
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