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S hares of Eastman Kodak Co. (), a former giant in the photography industry, jumped by more than 22% to over two-year highs in Monday morning trading after the company announced a major asset sale ...
Kodak stock jumped Tuesday after it found a lot of cash—in the company’s pension plan. Monday, Kodak said in a filing with the Securities and Exchange Commission that its pension plan sold ...
It’s a Kodak moment for investor insanity on Wall Street – and the enormous run-up in Eastman Kodak’s stock is yet another example of the current market frothiness.
Kodak shares increased three-fold on Tuesday, and the stock is up over 1,450% approximately this week. At the beginning of the week, Kodak stock was trading at $2.77. Today, it reached a high of $60.
Kodak’s stock rocketed about 80% higher in early trading Monday after the US government reportedly found no wrongdoing in Kodak’s now-halted $765 million loan to help the company produce ...
Kodak spokesman Christopher Veronda said the company in coming days would take steps to get its new stock listed on one of the major stock exchanges, with a new trading symbol.
Kodak stock briefly surged more than 80% on Wednesday after a special committee’s investigation found no evidence of insider trading prior to the announcement of a US government loan.
When Kodak comes out of bankruptcy — perhaps as soon as sometime this September — 4,800 unsecured creditors will be repaid in some of the 40 million new shares of Kodak stock to be issued.
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Eastman Kodak shares plummeted Monday after a federal agency put the brakes on the company’s deal to produce generic drug ingredients until “allegations of wrongdoing” are resolved. Kodak ...