3M's stock rallies toward a 4-year high after an earnings beat and raised outlook

  • Shares of 3M Co. MMM+0.94% rallied 2.5% in premarket trading Friday, toward a fresh four-year high, after the maker of Post-it Notes, Scotch tape and Command strips reported second-quarter results that exceeded expectations and raised its full-year outlook, as strength in adhesives, home improvement and electrical markets offset weakness in autos.