Canadian Imperial Bank of Commerce stock falls Tuesday, underperforms market

Posted on AllSides May 9th, 2023
From The Center

Shares of Canadian Imperial Bank of Commerce CM dropped 0.83% to C$55.17 Tuesday, in what proved to be an otherwise all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.00% to 20,585.73. Canadian Imperial Bank of Commerce closed C$15.93 short of its 52-week high (C$71.10), which the company achieved on June 6th. Trading volume of 2.0 M shares remained below its 50-day average volume of 4.2 M.

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https://marketwatch.com/data-news/canadian-imperial-bank-of-commerce-stock-falls-tuesday-underperforms-market-a64a5674-31e62b2aa7ee

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