Movers & Shakers: 3M shares climb on lawsuit settlement update, while Rite Aid drops on bankruptcy reports and other moving shares

Here are some of Monday’s biggest movers:

Stock gainers

Shares of 3M Co.
MMM,
+0.46%
rose 4.6% in premarket trading after The Wall Street Journal reported that the multinational conglomerate was nearing agreement on a $5.5 billion plan to settle more than 300,000 lawsuits over defective military earplugs.