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Shares of Canadian Imperial Bank of Commerce CM dropped 3.22% to C$163.59 Wednesday, in what proved to be an all-around poor trading session for the Canadian market, with the S&P/TSX Composite Index falling 1.16% to 35,333.78.

Canadian Imperial Bank of Commerce closed 4.7% short of its 52-week high of C$171.64, which the company reached on July 17th.

Trading volume of 2.3 M shares remained below its 50-day average volume of 2.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled July 29, 2026.