3M CEO says company has doubled global production of N95 masks to nearly 100 million a month [MarketWatch]
3M Company (MMM)
Last 3m company earnings: 4/28 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
investors.3m.com/overview/default.aspx
Company Research
Source: MarketWatch
3M CEO says company has doubled global production of N95 masks to nearly 100 million a month 3M Co. MMM, -9.18% has doubled global production of N95 respirators to a rate of nearly 100 million a month, or more than 1.1 billion a year, to arm health care workers dealing with the coronavirus that causes COVID-19, Chief Executive Mike Roman said on Sunday. In the U.S., the company is producing 35 million respirators a month, with more than 90% being designated for health care workers,and the rest to other critical sectors, such as energy, food and pharmaceutical companies, Roman said in a statement. "As a global company, we also manufacture respirators in Europe, Asia and Latin America, and our products are being similarly deployed to support the COVID-19 response in those respective regions," he said. The company is expecting to nearly double its capactiy again within the next 12 months and is working with the U.S. and other govermments to explore alternative manufacturing scenarios
Show less
Read more
Impact Snapshot
Event Time:
MMM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MMM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MMM alerts
High impacting 3M Company news events
Weekly update
A roundup of the hottest topics
MMM
News
- 3M (MMM) Q1 Earnings & Revenues Surpass Estimates, Up Y/Y [Yahoo! Finance]Yahoo! Finance
- Eli Lilly, 3M rise; MicroStrategy, Chegg fall, Tuesday, 4/30/2024 [Yahoo! Finance]Yahoo! Finance
- 3M First-Quarter Results Driven by Strong Operational Performance; Company Initiates Full-Year 2024 Guidance Reflecting Completion of Solventum Spin [Yahoo! Finance]Yahoo! Finance
- 3M First-Quarter Results Driven by Strong Operational Performance; Company Initiates Full-Year 2024 Guidance Reflecting Completion of Solventum SpinPR Newswire
- Notable earnings before Tuesday's open [Seeking Alpha]Seeking Alpha
MMM
Earnings
- 4/30/24 - Beat
MMM
Sec Filings
- 4/30/24 - Form IRANNOTICE
- 4/30/24 - Form 10-Q
- 4/30/24 - Form 8-K
- MMM's page on the SEC website