Eastman Kodak Co. stock falls Wednesday, underperforms market
Shares of Eastman Kodak Co.
shed 3.51% to $7.42 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.13% to 34,933.23 and the NASDAQ Composite Index
falling 0.22% to 14,644.95. This was the stock’s third consecutive day of losses. Eastman Kodak Co. closed $52.58 short of its 52-week high ($60.00), which the company reached on July 29th.
The stock underperformed when compared to some of its competitors Wednesday, as Canon Inc. ADR
rose 1.97% to $23.31 and HP Inc.
rose 1.42% to $28.59. Trading volume (1.5 M) remained 1.9 million below its 50-day average volume of 3.4 M.