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DewDiligence

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DewDiligence

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Re: DewDiligence post# 26315

Tuesday, 07/26/2022 10:41:40 AM

Tuesday, July 26, 2022 10:41:40 AM

Post# of 30505
WSJ misses the boat vis-à-vis 3M:

https://www.wsj.com/articles/global-stocks-markets-dow-update-07-26-2022-11658820952

…3M jumped 4.8% after it said it would spin off its healthcare business to create two public companies.

Actually, the impetus for the share-price jump today is the bankruptcy filing of a 3M subsidiary to ring-fence the legal liability from the earplug litigation (#msg-169496455).

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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