TELETRADER News
8/7/2019, 9:54 AM
(Source: TeleTrader)
Commerzbank hits 35-month low after earnings
Commerzbank was one of the worst-performing stocks on the DAX on Wednesday as it dropped to share prices last seen in September 2016 following its earnings release. The bank said its revenue fell 3.1% year-on-year to €2.13 billion, missing estimates.
Shares of Commerzbank fell 2.66% to €5.556 at 9:42 am CET. Over the past month, the bank lost 15.25% in the markets and its stock is down 37.27% in the past 12 months.