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Canadian Imperial Bank of Commerce accelerates decline, down 4.3% in 2 days February 05, 2018 17:00 EST

Feb 05, 2018 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Canadian Imperial Bank of Commerce (TSX:CM), Canada's 5th largest Bank by market cap, has dropped CAD5.22 (4.3%) over the past two trading days, compared with the S&P/TSX 60 Index which fell 32.5 points (3.5%) in the two days for a relative price change of -0.9%. The fall was exacerbated by a cumulative 2-day volume of 1.3 times the average 2-day volume of 1.4 million shares. The shares fell 1.7% on Friday and 2.7% on Monday to close at CAD115.82.

THE PAS...