NEW YORK (TheStreet) -- Shares of Societe Generale (SCGLY) are up 2.96% to $12.16 in heavy trading volume after the Paris-based bank denied having any interest in acquiring Commerzbank (CRZBY) following a report in German magazine Bilanz yesterday that the bank and Spain's Santander (SAN) were considering a merger, Reuters reports.
Why Societe Generale (SCGLY) Stock Is Higher Today
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts