Some short-seller bets looked surprising in coronavirus crash [Reuters]
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: Reuters
Some short-seller bets looked surprising in coronavirus crash (Reuters) - Some short-seller favorites this week as the U.S. stock market nosedived on coronavirus fears looked counter-intuitive because the companies might benefit from the crisis, notably 3M Co ( MMM.N ), Facebook Inc ( FB.O ) and Alphabet Inc ( GOOGL.O ), according to S3 Partners. Short sellers sell borrowed shares in the hope of buying them back at a cheaper price and pocketing the difference. Short sellers built their largest dollar bets in biopharmaceutical company Abbvie ( ABBV.N ) this week to Thursday, according to S3, but even more notable was the popularity of 3M, which makes everything from Post-it notes to protective masks. Although mask demand surged as people looked frantically for protection against infection from the coronavirus, 3M saw the eighth biggest increase in the dollar amount of its shares sold short this week, with an additional $245.75 million more of its shares borrowed to sell, the fi
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