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Sales of virus-filtering respirators coming off pandemic-fueled highs and China’s choppy economic reopening have also weighed on 3M’s results.
Source: https://www.courant.com/2023/04/25/3m-to-cut-6000-jobs-in-ceos-latest-move-to-blunt-sliding-sales/
Sustained by the strong, pandemic-fueled demand for housing, developers were eager to cover the gap between supply and demand.
WHR, like many home-related shares, has come down hard since the height of pandemic-fueled jubilee.