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Canadian Imperial Bank Of Commerce Non-Cumulative Rate Reset Class A Preferred Shares Series 41 rises on high volatility March 01, 2017 17:00 EST

Mar 01, 2017 - News Bites Canadian Markets


Canadian Imperial Bank of Commerce (TSX:CM.PR.P), Canada's 35th largest Bank by market cap, traded between an intraday low of CAD21.39 and a high of CAD21.86. The price range has expanded in the last two days (from 8.0c two days ago to 47.0c today) which, accompanied by a price rise, is a bullish signal. The average daily volatility of 1.0% places the preference stock in the 4th quartile in the market, meaning it is the least volatile. Today its volatility (high...