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via finance.yahoo.comBusiness & Companies

3M stock rises 3% on Amazon data center products deal

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- 3M Company (NYSE:MMM) shares rose 3% in after-hours trading after the company announced a strategic commercial agreement with Amazon involving data center products. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA significant commercial agreement with a major customer can support the 3M share price.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 013M announced a strategic agreement with Amazon on data center products.
  2. 02An Amazon subsidiary receives a warrant on up to 3,162,015 3M shares.
  3. 03The warrant runs seven years at $164.89 per share.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
3M CompanyMMMStock162.08 USDMarket closedtoday -1.62%Positive Amazon.com, Inc.AMZNStock262.45 USDMarket closedtoday +4.98%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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