Shares of 3M Co. MMM slid 4.83% to $161.36 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 1.16% to 3,281.06 and Dow Jones Industrial Average DJIA falling 1.84% to 27,147.70. This was the stock's second consecutive day of losses. 3M Co. closed $21.18 below its 52-week high ($182.54), which the company achieved on January 14th.
The stock underperformed when compared to some of its competitors Monday, as Amazon.com Inc. AMZN rose 0.19% to $2,960.47, Johnson & Johnson JNJ fell 2.73% to $145.10, and Danaher Corp. DHR fell 0.24% to $205.81. Trading volume (3.5 M) eclipsed its 50-day average volume of 2.6 M.
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