Kodak shares rose nearly 1,500% on COVID drug loan deal.
$Eastman Kodak(KODK.US$ Shares have surged 1,481% this week in heavy trading as the Trump administration discusses the former photography industry leader a financial lifeline to make ingredients in drugs used to Fight coronavirus.![]()
The company's valuation jumped from $92m to $1.5bn as it shares rose from $2.10 at Friday's close to $33.20 on Wednesday.![]()
The Pandemic, of Course, has played a role printing sales declines. But pivoting to new business lines, especially those backed (and backstopped?) by the U.S. Government could be both lifeline and rejuvenator.![]()
![Kodak shares rose nearly 1,500% on COVID drug loan deal.](https://ussnsimg.moomoo.com/1596107984053-77777000-android-org.jpg/bigmoo)
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BakeFace : Hate else notice Kodak has taken the actual loan.
Dennis Kennedy : Did I Hear About the US Warning About Good to Be Even From the Real Fast News