Canadian Imperial Bank Of Commerce Stock Rises Wednesday, Outperforms Market

MarketWatch · 10/16 20:31

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Canadian Imperial Bank of Commerce CM rose 1.35% to C$85.89 Wednesday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index rising 0.50% to 24,561.20.

Canadian Imperial Bank of Commerce hit a new 52-week high, surpassing its previous peak of C$84.90, which the company achieved on October 15th.

Trading volume of 2.7 M shares remained below its 50-day average volume of 3.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 16, 2024.

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October 16, 2024 16:31 ET (20:31 GMT)

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