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Stock Monthly: Laurentian Bank of Canada (LB:CAD40.03) rises 11% on high volatility in March 2021 Wednesday March 31, 2021 16:00 EDT

Mar 31, 2021 - News Bites Canadian Markets
Board and Executive Moves


Laurentian Bank of Canada (TSX:LB), Canada's 13th largest Bank by market cap, traded between an intra-month low of CAD34.98 and a 14-month high of CAD41.39. In March its volatility (highest price minus lowest price/lowest price) of 18.3% was 1.23 times average monthly volatility of 14.9%, up from 14.2% in March and 7.6% in January. The stock rose for a second month on Wednesday bringing its a two-month rise to CAD9.13 or 29.5%.

The share price soared CA...