3M Company (MMM) is currently at $167.52, down $8.11 or 4.62%

 

-- Would be lowest close since Dec. 5, 2019, when it closed at $164.37

-- On pace for largest percent decrease since April 25, 2019, when it fell 12.95%

-- Earlier Tuesday, 3M Co. reported a fourth-quarter revenue decline of 2.6% when excluding currency movements and acquisitions, including a 2.9% drop in the U.S. 3M said it was eliminating 1,500 jobs as part of a broad restructuring to streamline its global operations. 3M employs 96,000 people

-- Currently down five of the past six days

-- Currently down two consecutive days; down 5.97% over this period

-- Worst two day stretch since the two days ending April 26, 2019, when it fell 12.51%

-- Down 5.04% month-to-date; on pace for worst month since Aug. 2019, when it fell 7.44%

-- Down 35.23% from its all-time closing high of $258.63 on Jan. 26, 2018

-- Traded as low as $166.10; lowest intraday level since Dec. 5, 2019, when it hit $162.72

-- Down 5.43% at today's intraday low; largest intraday percent decrease since April 25, 2019, when it fell as much as 13.46%

-- Worst performer in the DJIA today

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

-- Subtracted 54.99 points from the DJIA so far today

 

All data as of 10:45:54 AM

 

Source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

January 28, 2020 11:07 ET (16:07 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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