Why Comerica Stock Climbed 22.5% This Week

Comerica (NYSE: CMA) saw its stock price surge 22.5% higher this week, as of Friday at 10 a.m. ET, according to S&P Global Market Intelligence. The stock had been up as much as 24.2% during the week.

The stock remains down about 41% year to date as of Friday morning, trading at around $39 per share.

In general, the markets were up this week, as the S 500 gained 2.1%, the Dow Jones Industrial Average rose 0.9%, and the Nasdaq Composite jumped 3.4% this week, as of Friday at 10 a.m. ET.

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Source Fool.com