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8/7/2019, 9:54 AM (Source: TeleTrader)
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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.

Breaking the News / VP