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MMM - Why Lockheed Martin Harley-Davidson and 3M Stocks Dropped Today
3M Company
Well, this is disappointing. What began as a green day in the stock markets, presaging the first back-to-back days of positive stock gains in who can remember how long, has faded to black -- or more precisely, to red.
At the close today, the S&P 500 and the Dow were both down over 4%, and the Nasdaq was down almost 4%. Helping to lead the market lower were large industrial stocks 3M(NYSE: MMM), Harley-Davidson(NYSE: HOG), and Lockheed Martin(NYSE: LMT) -- down 9.1%, 13.3%, and 7.3% respectively.