3M Jumps 5% After Settling For Half of Expected $10 Billion Payout: 3 Things Investors Need to Know

By |2023-12-07T19:53:35+00:00August 28th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , |

Shares of 3M (MMM) started the week strong with a 5% gain upon news that the company has settled a legal battle with the US Military.  The industrial manufacturing company will pay out $5.5 billion for defective combat earplugs. The case in its entirety represents more than 300,000 separate suits. While 3M claimed the [...]