Saint Paul, Minnesota-based 3M Company (MMM) is a diversified global technology and manufacturing company that develops products for industrial, healthcare, consumer, transportation, electronics, and safety markets. With operations in more than 70 countries and products sold in nearly every corner of the world, 3M is known for combining materials science, engineering, and innovation to create solutions used by businesses and consumers alike. It is currently valued at $90.9 billion by market cap.
Shares of this conglomerate giant have outperformed the broader market over the past year. MMM has gained 22.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 21.8%. However, the stock has slightly trailed the benchmark this year, rising 10.7% YTD versus the SPX's 11% gain.
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Shares of this conglomerate giant have outperformed the broader market over the past year. MMM has gained 22.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 21.8%. However, the stock has slightly trailed the benchmark this year, rising 10.7% YTD versus the SPX's 11% gain.
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#company #nearly #market
2 days ago
