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Why Shares in 3M Rose This Week
MMM3M(MMM) The Motley Fool·2024-03-15 11:24

Shares in industrial giant 3M (MMM -0.91%) increased by almost 10% in the week to Friday morning, according to data provided by S&P Global Market Intelligence. The move comes down to a combination of a well-received presentation at the J.P. Morgan Industrials Conference on Wednesday and an update on the CEO succession on Tuesday.3M changes its CEOGiven that 3M's share price is down almost 48% since Mike Roman took over as CEO in July 2018 it's fair to say his tenure hasn't been a success. However, with form ...