Canadian Imperial Bank Of Commerce Stock Rises Friday, Still Underperforms Market
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Shares of Canadian Imperial Bank of Commerce CM rallied 1.27% to C$56.56 Friday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 1.58% to 19,814.51. Canadian Imperial Bank of Commerce closed C$27.19 short of its 52-week high (C$83.75), which the company achieved on February 8th. Trading volume of 3.3 M shares remained below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 6, 2023.
(END) Dow Jones Newswires
January 06, 2023 16:32 ET (21:32 GMT)
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