3M Co. (MMM) is currently at $196.11, down $22.97 or 10.48%

 

-- Would be lowest close since Jan. 28, 2019, when it closed at $193.20

-- On pace for largest percent decrease since Oct. 19, 1987, when it fell 25.98%

-- Earlier Thursday, 3M announced it would cut 2,000 jobs world-wide as part of a restructuring. The company also lowered its adjusted profit outlook for 2019, guiding earnings between $9.25 a share and $9.75 a share. The company had expected earnings between $10.45 a share and $10.90 a share. Analysts polled by Refinitiv are expecting $10.52 a share

-- Currently down three of the past four days

-- Worst two day stretch since the two days ending Oct. 9, 2008, when it fell 10.79%

-- Down 5.62% month-to-date; on pace for worst month since December 2018 when it fell 8.36%

-- Down 24.17% from its all-time closing high of $258.63 on Jan. 26, 2018

-- Down 0.50% from 52 weeks ago (April 26, 2018), when it closed at $197.09

-- Down 10.66% from its 52 week closing high of $219.50 on April 23, 2019

-- Traded as low as $195.00; lowest intraday level since Jan. 30, 2019, when it hit $194.63

-- Down 10.99% at today's intraday low; largest intraday percent decrease since May 6, 2010, when it fell as much as 21.49%

-- Worst performer in the DJIA today

-- Second worst performer in the S&P 500 today

-- Subtracted 155.75 points from the DJIA so far today

 

All data as of 10:05:57 AM

 

Source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

April 25, 2019 10:31 ET (14:31 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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