Canadian Imperial Bank of Commerce stock rises Monday, outperforms market

Shares of Canadian Imperial Bank of Commerce CM, rallied 1.31% to C$48.78 Monday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, rising 0.64% to 18,856.76. Canadian Imperial Bank of Commerce closed C$16.46 short of its 52-week high (C$65.24), which the company achieved on November 25th. Trading volume of 1.9 M shares remained below its 50-day average volume of 3.0 M. Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones...