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Tag Archives: chad wolf

3M Stock Down 2.99% as Trump Forbids Coronavirus Protection Gear Export

President Donald Trump invoked the Defense Production Act to ban “unscrupulous actors and profiteers” from exporting critical medical gear used to protect wearers from the coronavirus. 3M stock price went down.American conglomerate 3M (NYSE: MMM) stock is experiencing not the best period. Though taking into account the products that the 3M company manufactures, the situation for it amid coronavirus could be just the opposite. On Friday, its stock lost 2.99% to trade at $133.79. After hours...

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3M Stock Up 3.58% Yesterday, Loses 2.82% Today, CDC May Tell People to Wear Cloth Masks

3M is facing turbulence as the Trump administration meddles with its operations, making MMM stock unpopular among investors despite their products being involved in the fight against COVID-19.On April 2, the White House confirmed that it might adjust previous guidelines that discouraged non-health workers from wearing medical face masks. The new change will come as ‘guidance’ from the CDC. However, President Trump said that, for now, it would not be made mandatory. Medical-grade masks...

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