3M stock turns lower, closes at 10-year low ahead of investor event

Shares of 3M Co. MMM, which have pulled a sharp intraday U-turn to trade lower for a fourth straight session, closed Tuesday at a decade low a day before an investor event.

The consumer, industrial and healthcare products company’s stock was up as much as 1.6% at its intraday high of $105.17 on Tuesday, but closed down 0.7% at $102.78, the lowest closing price since Feb. 26, 2013. It has shed 4.1% during its four-day losing streak.