What is happening
14 replies (most recent on top)
Wait! I thought laying off all those people was going to fix everything?Just shows their whole business model( if they even have one ) is completely flawed as the ship keeps sinking! And the band played on…
It will be under $90 as it go into next month Feb.
94 today. Bolder and Bigger What?
Employees don't trust a single word M&M said.
Investors don't trust a single word M&M said.
$97 is nothing. So much more coming. You can not trust this company.
Analysts are not stupid enough to not see that the 120+% free cash flow, the heavy restructuring and cost reduction, and the poor top line sales indicate that there are issues internally and are not market dependent. They are just too nice to not ask the difficult question directly to M&M on the call. Would be good for them to squirm in their seats.
Everyone can see it, as soon as the earnings call was over, it was sell sell sell!
What a spectacular drop !
How many CEO and CFO can still retain their jobs, despite so many share price declines? Only in 3M!
Bigger and Bolder!
3M (MMM) - biggest one-day declines in past five years
Date. Change %
Apr. 25, 2019 -12.95
Jan. 23, 2024 -11.03
Aug. 26, 2022 -9.54
Mar. 12, 2020 -9.28
Mar. 20, 2020 -9.18
Mar. 16, 2020 -7.60
Jun. 11, 2020 -7.03
Mar. 09, 2020 -6.24
Jan. 24, 2023 -6.21
Jan. 28, 2020. -5.72
Good!! I hope it goes to zero!
We are run by a--holes that do not have the self awareness to know they are a--holes.
94 now
Read M&Ms LinkedIn messages. Both are celebrating while the stock tanks. Tone deaf!
How can the stock be down? We restructured. This time we have it right, I promise
I thought we are going to be bigger and bolder
Happy to see Monish' earnings comment on the $0.04 share benefit to changes to pension at the expense of his resources. Makes me want to work harder