3M Shares Close Below Three Daily Averages Before Earnings
Photo: TokenPost
3M Company (MMM) closed below its 20-, 50- and 200-session daily exponential moving averages on Oct. 19, before Amazon-related news and a higher 2026 earnings outlook reached investors. MMM finished the 4 p.m. ET (20:00 UTC) regular session at $162.01, down 1.66% from the previous close of $164.75. Shares opened at $164.85 and traded as low as $161.95, leaving the closing price 6 cents above the session low. The 20-session average stood at $164.44, and the 50-session average was $166.57. Calculations of the 200-session average differed, at $162.17 and $163.46, but both placed it above Monday’s close. At 4:55 p.m.
Source: TokenPost
