Eastman Kodak Co. stock rises Tuesday, outperforms market
Shares of Eastman Kodak Co.
rose 5.90% to $7.54 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
rising 1.57% to 14,498.88 and the Dow Jones Industrial Average
rising 1.62% to 34,511.99. This was the stock’s second consecutive day of gains. Eastman Kodak Co. closed $52.46 short of its 52-week high ($60.00), which the company achieved on July 29th.
The stock outperformed some of its competitors Tuesday, as Canon Inc. ADR
rose 4.03% to $24.77 and HP Inc.
rose 2.25% to $28.21. Trading volume (1.9 M) remained 1.5 million below its 50-day average volume of 3.4 M.