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Stocks in play: CIBC

Baystreet - Tue Jul 21, 8:38AM CDT

Said its Innovation Banking division has provided a $17-million growth funding package for Modo Energy, bringing the total amount of funding raised by the company to $52 million. The company will use the financing to invest in the platform and expand sales and marketing operations. CIBC shares T.CM are trading down $4.39 at $165.55.