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3M Company Sold Off 11.03% On Earnings And I Think It's An Overreaction
MMM3M(MMM) Seeking Alpha·2024-01-24 22:14

PM Images The last two days have been an absolute bloodbath for shares of 3M Company (NYSE:MMM) as they fell through the 100levelandfinisheddown11.03100 level and finished down 11.03% on Tuesday. It had looked as if shares had finally bottomed in October as MMM started to recover after reaching 85.35, which was the lowest level in more than a decade. Shares of MMM have been a destroyer of capital for long-term shareholders as they have been down more than -25% over the past decade, and have fallen more than -60% since reaching aroun ...