3M Stock Tumbles Nearly 9% on April 4 Amid Market Sell-Off and Legal Worries
Key Highlights:April 4 Trading Summary: 3M StockWhat Caused the 3M Stock Price Crash?1. Legal Headwinds Back in Focus2. Industrial Demand Weakness3. Broader Market Sell-OffExpert CommentaryPeer Comparison: Industrial Sector Declines on April 4Technical View: Breaking Down SupportInvestor Outlook: High Dividend, But Caution Warranted3M Stock Price Plunge Signals Deeper ConcernsM Co. (NYSE: MMM) saw its shares plunge 8.72% on April 4, falling from a previous close of $139.73 to $127.55, erasing over $12.18 in value. The 3M stock price decline comes amid a double blow of macroeconomic weakness and resurfacing fears around long-standing legal liabilities tied to environmental and health litigation.This marks one of the steepest single-day declines for 3M in the past year, dragging ...