3M surged 4% premarket after expanding its strategic agreement with Amazon to supply optical connectivity and data center products, including a warrant deal allowing Amazon to buy shares. Activist fund Starboard Value took a stake in Solstice Advanced Materials, pushing for focus on core businesses and $100M overhead cuts after a failed merger. Victoria's Secret shares rose 3% following a successful 2026 fashion show, with Morgan Stanley highlighting strong Gen Z demand and a positive turnaround outlook. These developments signal strategic moves and investor confidence in key growth areas for these companies.
3M shares are up modestly by 0.56% on Pluang, trading at USD 162.98 as of Oct 20, 2026 18:11 WIB. Solstice Advanced Materials is showing stronger momentum with a 2.63% gain, priced at USD 62.06 at the same time.
3M reported Q3 GAAP sales of $6.6 billion, up 1%, with adjusted sales growing 4.2% including 3.3% organic growth. Adjusted EPS rose 12% to $2.50, and operating margin improved by 110 basis points to 26.2%. The company generated $1.2 billion in adjust...
3M announced a strategic collaboration and investment to acquire about 4.7% of Genius Electronic Optical (GSEO) shares. The partnership aims to advance 3M's Expanded Beam Optical (EBO) technology by combining 3M's expertise with GSEO's precision opti...
Tesla revealed its next-generation Roadster featuring a dramatic demo with 0.81 seconds 0-60 mph acceleration and aims for a top speed of 0.5 Mach (~383 mph), with production set for 2028. 3M is contesting a $1.38 billion Australian lawsuit over PFAS...
