Eastman Kodak Co. stock underperforms Thursday when compared to competitors
Shares of Eastman Kodak Co.
shed 6.45% to $9.14 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index
rising 0.78% to 14,020.33 and the Dow Jones Industrial Average
rising 0.06% to 34,466.24. This was the stock’s second consecutive day of losses. Eastman Kodak Co. closed $50.86 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 Thursday, as Canon Inc. ADR
rose 1.51% to $24.16 and HP Inc.
fell 0.27% to $29.97. Trading volume (6.6 M) eclipsed its 50-day average volume of 3.4 M.