Shares of 3M Co. MMM, -0.13% shed 0.13% to $125.97 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +3.09% rising 3.09% to 4,080.11 and the Dow Jones Industrial Average DJIA, +2.18% rising 2.18% to 34,589.77. 3M Co. closed $55.81 short of its 52-week high ($181.78), which the company reached on January 5th.
The stock underperformed when compared to some of its competitors Wednesday, as Johnson & Johnson JNJ, +1.08% rose 1.08% to $178.00, Honeywell International Inc. HON, +1.31% rose 1.31% to $219.55, and General Electric Co. GE, +0.36% rose 0.36% to $85.97. Trading volume (5.7 M) eclipsed its 50-day average volume of 3.0 M.