Canadian Imperial Bank of Commerce stock rises Friday, outperforms market

Shares of Canadian Imperial Bank of Commerce CM, advanced 3.50% to C$57.36 Friday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, rising 1.79% to 20,024.63. Canadian Imperial Bank of Commerce closed C$13.74 below its 52-week high (C$71.10), which the company reached on June 6th. Trading volume of 3.2 M shares eclipsed its 50-day average volume of 3.2 M. Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet....