Shares of Canadian Imperial Bank of Commerce CM, -0.37% slipped 0.37% to C$62.23 Thursday, in what proved to be an all-around poor trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, -0.55% falling 0.55% to 20,606.42.
Canadian Imperial Bank of Commerce closed C$20.60 short of its 52-week high (C$82.83), which the company reached on March 22nd. Trading volume of 2.3 M shares remained below its 50-day average volume of 4.0 M.