Canadian Company Close Updates

Canadian Imperial Bank of Commerce stock rises Thursday, outperforms market

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Terrence Horan

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Shares of Canadian Imperial Bank of Commerce CA:CM inched 0.98% higher to C$145.92 Thursday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.98% to 20,819.94. The stock's rise snapped a two-day losing streak. Canadian Imperial Bank of Commerce closed C$6.92 below its 52-week high (C$152.84), which the company reached on August 26th. Trading volume of 3.3 M shares eclipsed its 50-day average volume of 1.7 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.