Shares of 3M Co. MMM, +1.22% rallied 1.22% to $152.34 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +2.02% rising 2.02% to 4,088.85 and the Dow Jones Industrial Average DJIA, +1.34% rising 1.34% to 32,654.59. This was the stock’s second consecutive day of gains. 3M Co. closed $54.47 short of its 52-week high ($206.81), which the company reached on June 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Illinois Tool Works Inc. ITW, +2.50% rose 2.50% to $212.24, General Electric Co. GE, +2.37% rose 2.37% to $76.40, and Danaher Corp. DHR, +1.06% rose 1.06% to $248.97. Trading volume (2.1 M) remained 1.0 million below its 50-day average volume of 3.1 M.