Eastman Kodak Co. stock underperforms Friday when compared to competitors
Shares of Eastman Kodak Co.
shed 1.09% to $7.27 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
rising 1.04% to 14,836.99 and the Dow Jones Industrial Average
rising 0.68% to 35,061.55. This was the stock’s second consecutive day of losses. Eastman Kodak Co. closed $52.73 below its 52-week high ($60.00), which the company reached on July 29th.
The stock underperformed when compared to some of its competitors Friday, as Canon Inc. ADR
rose 0.92% to $24.17 and HP Inc.
rose 1.44% to $28.20. Trading volume (1.2 M) remained 2.2 million below its 50-day average volume of 3.4 M.