Previous close | 42.85 |
Open | 42.85 |
Bid | 71.95 |
Ask | 73.65 |
Strike | 190.00 |
Expiry date | 2024-01-19 |
Day's range | 42.85 - 42.85 |
Contract range | N/A |
Volume | |
Open interest | 6 |
The battle between these two Dividend Kings facing transformational change isn't as simple as it seems.
3M (MMM) closed the most recent trading day at $101.14, moving +0.14% from the previous trading session.
Multi-industry industrial 3M (NYSE: MMM) and West Coast railroad Union Pacific (NYSE: UNP) have underperformed the S&P 500 over the last three and five years. One form of value investing argues that buying the laggard in a peer group often makes sense. The idea is the company has an opportunity to play catch-up with its peers in terms of operational metrics and, in doing so, release a significant amount of value for investors.