Eastman Kodak Co. stock underperforms Wednesday when compared to competitors
Shares of Eastman Kodak Co.
took a -12% dive 11.58% to $9.77 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
falling 0.09% to 13,911.75 and Dow Jones Industrial Average
falling 0.44% to 34,447.14. The stock’s fall snapped a three-day winning streak. Eastman Kodak Co. closed $50.23 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 Wednesday, as Canon Inc. ADR
rose 0.08% to $23.80 and HP Inc.
fell 1.22% to $30.05. Trading volume (10.1 M) eclipsed its 50-day average volume of 3.3 M.