Previous close | 17.10 |
Open | 17.75 |
Bid | 17.60 |
Ask | 18.75 |
Strike | 135.00 |
Expiry date | 2023-01-20 |
Day's range | 17.75 - 18.50 |
Contract range | N/A |
Volume | |
Open interest | 419 |
In 2008, 3M (NYSE: MMM) acquired a small company called Aearo Technology for $1.2 billion. The company made two-sided earplugs that it sold to the U.S. military. Ironically, 3M started the dispute in 2012 with a patent-infringement case against a competitor, Moldex.
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(Bloomberg) -- 3M Co. faces more than $100 billion in losses and bankruptcy because of lawsuits brought by veterans who blame their hearing problems on faulty earplugs, according to a litigation consultant hired by lawyers suing the industrial conglomerate.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War Onset‘Next Generation’ Moderna Coronavirus Booster Jab Approved for Use in AdultsThese Six Cities Are Emerging as New Expat Hot SpotsAmerica’s $7 Trillion Retirement