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.