3M shares are trading higher following a report suggesting the company is said to be in a water pollution settlement of at least $10 billion.
Portfolio Pulse from Benzinga Newsdesk
3M's shares are trading higher after reports suggest the company is in a water pollution settlement of at least $10 billion.
June 02, 2023 | 3:37 pm
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3M's stock price is trading higher following reports of a $10 billion+ water pollution settlement.
The news of 3M entering a water pollution settlement of at least $10 billion has led to an increase in the company's stock price. This is likely due to investors perceiving the settlement as a positive step towards resolving the issue and reducing future liabilities.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100