3M Stock Surges 20% on Strong Q2 Results and Raised Outlook

New CEO William Brown's focus on growth and operational performance drives investor confidence

3M reported adjusted earnings per share of $1.93, surpassing analyst expectations.
The company raised its full-year adjusted EPS estimate to a range of $7.00 to $7.30.
3M's stock surge contributed to a 700-point gain in the Dow Jones Industrial Average.
The company settled major class-action lawsuits and spun off its Solventum health care unit.
Analysts have upgraded 3M's stock, reflecting optimism in the company's new strategic direction.