3M Company (MMM)

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"Why 3M Company Stock Slumped 11.4% in April"

"What happened
After a double-digit run-up in 2017, any bit of negative news was enough for the market to pull the trigger on 3M Company (NYSE: MMM) shares. The month of April proved a perfect hunting ground for 3M bears, with the industrials stock shedding 11.4% in value during the month, according to data provided by S&P Global Market Intelligence.

With that, April went down as the worst month for 3M so far this year.

So what
3M entered the past quarter on a solid note, reporting strong numbers for the fourth quarter and fiscal 2017 and topping it off with an outlook upgrade for the full year in January.

It was a quiet quarter, except for a management reshuffle announcement that'll see CEO Inge Thulin step down to take over as the executive chairman of the board. Effective July 1, he will hand over the reins to Michael Roman, who's been with the company for three decades."

https://www.yahoo.com/finance/news/why-3m-company-stock-slumped-181400350.html