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α52
Alpha 52
Where AI meets Quant
MMM
171.10
+ 0.65%
3M Company
Capital Goods

News Sentiment

59m ago
Bullish 35%
Bearish 65%

News Summary

A federal judge allowed a class-action lawsuit alleging the company concealed PFAS health risks in firefighter gear to proceed, including RICO claims, raising prospects of substantial new liabilities. This legal development adds to existing PFAS-related risks. Meanwhile, the company is undergoing restructuring and portfolio simplification efforts. The stock recently closed at $167.94, showing mixed performance with a 27.1% gain over one year but a 45.9% decline over five years, as investors weigh restructuring progress against legal settlement risks.
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