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3M Co. stock outperforms market on strong trading day

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Terrence Horan

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Shares of 3M Co. MMM, +0.28% rose 1.78% to $180.32 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.21% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +0.15% rising 1.56% to 34,912.56. This was the stock's second consecutive day of gains. 3M Co. closed $28.63 short of its 52-week high ($208.95), which the company reached on May 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Illinois Tool Works Inc. ITW, +0.24% rose 3.10% to $221.43, General Electric Co. GE, +0.96% rose 0.37% to $102.74, and Danaher Corp. DHR, -1.00% rose 1.54% to $300.43. Trading volume (2.3 M) remained 198,809 below its 50-day average volume of 2.5 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.