Canadian Imperial Bank shares are trading lower after the company reported worse-than-expected Q3 adjusted EPS results.
Portfolio Pulse from Benzinga Newsdesk
Canadian Imperial Bank reported worse-than-expected Q3 adjusted EPS results, leading to a drop in its share prices.
August 31, 2023 | 4:16 pm
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Canadian Imperial Bank's shares are trading lower due to disappointing Q3 adjusted EPS results.
Canadian Imperial Bank's worse-than-expected Q3 adjusted EPS results have negatively impacted investor sentiment, leading to a decrease in its share prices. This indicates a potential short-term downward trend for the bank's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100