Eastman Kodak Co. stock falls Tuesday, underperforms market
Shares of Eastman Kodak Co.
shed 4.19% to $6.86 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
falling 0.93% to 14,656.18 and Dow Jones Industrial Average
falling 0.79% to 35,343.28. This was the stock’s third consecutive day of losses. Eastman Kodak Co. closed $7.32 below its 52-week high ($14.18), which the company reached on December 7th.
The stock underperformed when compared to some of its competitors Tuesday, as Canon Inc. ADR
fell 0.71% to $23.71, HP Inc.
fell 2.58% to $28.68, and FUJIFILM Holdings Corp. ADR
rose 0.84% to $79.15. Trading volume (2.9 M) eclipsed its 50-day average volume of 2.6 M.