'3M Said To Be In At Least $10B PFAS (Per- And Poly- Fluoroalkyl) Water Pollution Settlement' - Bloomberg Law
Portfolio Pulse from Happy Mohamed
3M is reportedly in a settlement worth at least $10 billion for PFAS (Per- and Poly- Fluoroalkyl) water pollution, according to Reuters.
June 02, 2023 | 3:30 pm
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NEGATIVE IMPACT
3M's stock may be negatively impacted by the reported $10 billion PFAS water pollution settlement.
The reported $10 billion settlement for PFAS water pollution is a significant financial burden for 3M. This news may negatively impact investor sentiment and put downward pressure on the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100