3M shares fell 5% in early trading Tuesday after the company also issued a profit forecast for 2020 that disappointed Wall Street. What's more, in its latest quarter, profit dropped 28%. Sales also fell and missed estimates.

China weighed on its performance. Weak demand from China's automotive and electronics sectors drove Asia-Pacific sales lower for a fifth straight quarter. China's economic growth expanded at its slowest pace in almost three decades in 2019 amid a bruising trade war with the United States that hit factory production.

AND NOW - The company anticipates an EVEN MORE sluggish start TO THE YEAR in China AS IT GRAPPLES WITH A PUBLIC HEALTH CRISIS. Amid the fast-growing coronavirus outbreak that has spread overseas, 3M says it is ramping up production of respiratory protection products LIKE FACE MASKS to meet global demand.