Eastman Kodak Co. stock falls Friday, underperforms market
Shares of Eastman Kodak Co.
slid 2.67% to $8.76 Friday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index
falling 0.92% to 14,030.38 and Dow Jones Industrial Average
falling 1.58% to 33,290.08. This was the stock’s second consecutive day of losses. Eastman Kodak Co. closed $51.24 below its 52-week high ($60.00), which the company achieved on July 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Canon Inc. ADR
fell 3.24% to $22.97 and HP Inc.
rose 0.10% to $28.67. Trading volume (2.2 M) remained 1.5 million below its 50-day average volume of 3.6 M.