Shares of Kodak (KODK) were halted again before the close after the stock tanked and tripped a circuit breaker. KODK stock just reopened at $35 so expect these wild swings to happen again Thursday as the demand for this stock continues to be red hot.
Kodak (KODK) received a large loan to help with the medical supply chain earlier this week. KODK rallied from $4 two days ago to roughly $60 today.
KODK isn't worth $15 but that isn't stopping traders from trading the stock.
Showing posts with label kodak stock. Show all posts
Showing posts with label kodak stock. Show all posts
Wednesday, July 29, 2020
Tuesday, July 28, 2020
Kodak (KODK) Stock Triples
Shares of Eastman Kodak Company (NYSE:KODK) are rising around 200% to $7.85 on a report of a large U.S loan. According to the WSJ, Kodak will be receiving a $765 Million loan to fix the medical supply chain to help expedite domestic drug production.
Eastman Kodak (KODK) stock is surging back above the 2020 high of $6.40. Traders will be watching resistance at $8.25 and if the stock really rips, the 2018 high of $13.27.
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