Why is the CBA share price taking a tumble on Wednesday?
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The Commonwealth Bank of Australia (ASX: CBA) share price is sliding today.
Shares in the S&P/ASX 200 Index (ASX: XJO) bank stock closed yesterday at $150.25. In late morning trade on Wednesday, they were changing hands for $148.14 apiece, down 1.4%.
For some context, the ASX 200 is down 1.2% at this same time.
As for the other big four Aussie bank stocks, National Australia Bank Ltd (ASX: NAB) shares are down 2.2%, and Westpac Banking Corp (ASX: WBC) shares are down 1.9%.
And with Australia and New Zealand Banking Group Ltd (ASX: ANZ) shares trading ex-dividend today, the ANZ share price is down 4.6% at the same time.
With this picture in mind, the CBA share price is outperforming today following the…
