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Updated · MarketWatch · May 7Bank of Montreal shares fall 1.49% and underperform Canadian market
11 articles · Updated · MarketWatch · May 7
- BMO closed at C$208.29 on Thursday as the S&P/TSX Composite Index slipped 0.37% to 33,856.62.
- The stock finished 1.8% below its 52-week high of C$212.20, reached on 6 May.
- Trading volume was 1.9 million shares, below the bank's 50-day average of 2.5 million, during a broadly weaker session for Canadian equities.
BMO profits are soaring, yet its stock fell. Is the market seeing hidden risks that strong earnings reports are masking? Canada faces dueling threats from global conflict and US trade policy. Which poses the greater risk to the nation's financial stability?