Eastman Kodak Co. stock falls Monday, underperforms market
Shares of Eastman Kodak Co.
shed 2.28% to $8.56 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
rising 0.79% to 14,141.48 and the Dow Jones Industrial Average
rising 1.76% to 33,876.97. This was the stock’s third consecutive day of losses. Eastman Kodak Co. closed $51.44 short of its 52-week high ($60.00), which the company achieved on July 29th.
The stock underperformed when compared to some of its competitors Monday, as Canon Inc. ADR
rose 2.26% to $23.49 and HP Inc.
rose 1.88% to $29.21. Trading volume (2.5 M) remained 1.1 million below its 50-day average volume of 3.6 M.