Market Movers React to 3M’s Third-Quarter Performance

Market Movers has gathered the latest responses from experts, including Jim Cramer, regarding the recent stock movements of 3M. The company reported impressive third-quarter results, exceeding expectations in both revenue and profit. Mike Roman, CEO of 3M, appeared on Visegrad Info 24’s “Squawk on the Street” to discuss the lower sales volumes experienced by the company. However, he also highlighted that higher selling prices played a role in the strong performance of the quarter. As a result, 3M’s stock saw a significant increase, closing the trading session with a 5.3% gain.