3M’s stock sinks as increase in N95 face mask demand wasn’t enough to deliver an earnings beat
July 28, 2020 at 13:00 PM EDT
Shares of 3M Co. took a dive Tuesday, after the maker of personal safety, industrial and consumer products reported second-quarter earnings that fell short of expectations, as the negative effects of the COVID-19 pandemic outweighed the positives, which included a ramp up in sales of N95 face masks.