Shares of Kodak slid by a staggering 14.44% to $9.54 at 14:41 EST on Wednesday, following yesterday’s downward trend. The New York Stock Exchange is dropping 0.17% to $14,378.20, following yesterday’s upward trend, on what at the moment seems, a somewhat negative trend trading session today.
Kodak’s last close was $11.15, 528.93% below its 52-week high of $60.00.
Year-on-year quarterly revenue growth declined by 20%, now sitting on 1.06B for the twelve trailing months.
Kodak’s Stock Top and Bottom Yearly Value
Kodak’s stock is valued at $9.54 at 14:41 EST, way under its 52-week high of $60.00 and way above its 52-week low of $1.50.
Kodak’s Moving Average
Kodak’s value is way above its 50-day moving average of $7.60 and way higher than its 200-day moving average of $6.88.
Previous days news about Kodak
Watchdog finds no wrongdoing in kodak deal. According to The Wall Street Journal on Sun Dec 6, “A government watchdog agency found no wrongdoing in the process that created a now-halted U.S. loan to Eastman Kodak Co. to produce drug ingredients for the Covid-19 response, according to a copy of the assessment reviewed by The Wall Street Journal.”
Kodak shares surge 60% premarket on report of loan probe outcome. According to Bloomberg Quint on Mon Dec 7, “Eastman Kodak Co. surged about 60% in premarket trading after a press report that a probe found no wrongdoing regarding a government loan to the photography giant turned pharmaceutical manufacturer.”