Eastman Kodak Co. stock falls Monday, underperforms market
Shares of Eastman Kodak Co.
slid 4.55% to $6.92 Monday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index
falling 2.19% to 14,713.90 and Dow Jones Industrial Average
falling 1.78% to 33,970.47. The stock’s fall snapped a three-day winning streak. Eastman Kodak Co. closed $7.26 short of its 52-week high ($14.18), which the company reached on December 7th.
The stock underperformed when compared to some of its competitors Monday, as Canon Inc. ADR
fell 1.66% to $24.25, HP Inc.
fell 1.59% to $27.24, and FUJIFILM Holdings Corp. ADR
fell 1.15% to $88.04. Trading volume (2.3 M) eclipsed its 50-day average volume of 1.5 M.