3M declines on outlook for lower sales from weak demand, strong dollar (NYSE:MMM)

3M tape manufacturing facility. This plant is part of the Industrial, Adhesives and Tape Division V

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3M (NYSE:MMM) fell Tuesday morning to touch a three-month low after the manufacturer said it expected sales to decline this year. Its stock was down 5.7% to $115.68 a share by 10:12 a.m. ET.

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