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Canadian Imperial Bank of Commerce stock rises Monday, outperforms market

Shares of Canadian Imperial Bank of Commerce CM, +0.98% inched 0.98% higher to C$54.51 Monday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite…

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Canadian Imperial Bank of Commerce stock rises Monday, outperforms market

From the Equity Insider archive. This article dates from Aug 29, 2023 and is preserved as first published.

Shares of Canadian Imperial Bank of Commerce CM, +0.98% inched 0.98% higher to C$54.51 Monday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.95% rising 0.95% to 20,025.14.

51 Monday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.

Canadian Imperial Bank of Commerce closed C$10.73 below its 52-week high (C$65.24), which the company reached on November 25th. Trading volume of 2.7 M shares remained below its 50-day average volume of 3.2 M.

 

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