Eastman Kodak Co. stock falls Monday, underperforms market
Shares of Eastman Kodak Co.
shed 3.89% to $7.16 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.31% to 35,625.40 and the NASDAQ Composite Index
falling 0.20% to 14,793.76. This was the stock’s second consecutive day of losses. Eastman Kodak Co. closed $7.02 below its 52-week high ($14.18), which the company achieved on December 7th.
The stock underperformed when compared to some of its competitors Monday, as Canon Inc. ADR
fell 0.50% to $23.88, HP Inc.
rose 1.48% to $29.44, and FUJIFILM Holdings Corp. ADR
rose 5.38% to $78.49. Trading volume (1.8 M) remained 920,676 below its 50-day average volume of 2.7 M.