The stock is down about 13% off where it closed on Wednesday before the company's earnings call Thursday morning.
Roman blamed challenges in China as well as in the automotive and electronics sectors for the manufacturing giant's The company's guidance for 2019 earnings was also cut to a range of $9.25 to $9.75, from a range that topped out at $10.90.
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Which often leads to derailment.
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3M, the company that makes Scotch tape, is cutting 2,000 jobs3M, the company that makes Post-It notes and Scotch tape, is cutting 2,000 jobs around the world That won't stick Are Romy and Michelle safe? I won't be surprised if they have decided to outsource the manufacturing to China😢
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3M stock tumbles after company reports lower-than-expected earnings and cuts 2019 guidance3M reported a lower-than-expected quarterly profit this morning, and announced it will lay off 2,000 workers worldwide. Many of us think that all our crypto assets are secured and exchange where we keep our hardly earned money is very secured. Think again ! Be smart get best hardware wallet ever made Ledger Nano X. Buy now at discounted price
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Stocks making the biggest moves midday: 3M, UPS, Microsoft & moreThese are the stocks posting the largest moves midday Thursday.
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Dow on track for triple-digit loss after worse-than-expected 3M earningsStocks struggled for direction at the opening bell as the tech-sector's gains led the Nasdaq higher even as disappointing earnings from 3M Co. dragged the... Trump economy coming right up!!
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