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Stock falls for 5th straight day toward 10-year low
What 3M appears to see as its Combat Arms liability risk is a lot different from what the market sees.
BELGA MAG/AFP via Getty Images
That’s what 3M Co.’s CFO Monish Patolawala said at the J.P. Morgan Industrials Conference in New York, according to a transcript provided by AlphaSense.
Wall Street seems a bit skeptical, however, as shares of the consumer, industrial and healthcare products company MMM, which makes Post-it Notes, Scotch brand adhesives and N95 masks, fell 0.7% to a 10-year closing low of $102.78.
JPMorgan…
