3M Co. stock outperforms market on strong trading day

Shares of 3M Co. MMM, +1.49% advanced 1.49% to $158.33 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.06% rising 0.06% to 3,351.28 and the Dow Jones Industrial Average DJIA, +0.17% rising 0.17% to 27,433.48. This was the stock’s fourth consecutive day of gains. 3M Co. closed $24.21 below its 52-week high ($182.54), which the company achieved on January 14th.

The stock outperformed some of its competitors Friday, as Amazon.com Inc. AMZN, -1.78% fell 1.78% to $3,167.46, Johnson & Johnson JNJ, +0.71% rose 0.71% to $148.60, and Danaher Corp. DHR, -0.14% fell 0.14% to $205.40. Trading volume (2.2 M) remained 719,470 below its 50-day average volume of 2.9 M.

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