Shares of 3M (MMM) are on the rise. The company behind Post-it and Scotch tape posted fourth quarter results that topped analyst estimates. 3M's stock is up about 40% over the last six months. The company has been undergoing an ambitious turnaround plan led by CEO Bill Brown,

M's shares surged 4.5% in premarket trading after beating analysts' profit expectations and forecasting sales growth for the year ahead.

M Co.’s stock rose 4.6% Tuesday after the maker of Post-it Notes, Scotch Tape and Command strips posted better-than-expected fourth-quarter earnings and guided for sales growth in 2025.

M reports earnings per share of $1.68 from sales of $6 billion. Wall Street was looking for earnings of $1.66 from sales of $5.8 billion.