Kodak Stock – Eastman Kodak Co. stock falls Wednesday, underperforms market
Shares of Eastman Kodak Co.
slid 1.96% to $7.02 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.29% to 34,230.34 and the NASDAQ Composite Index
falling 0.37% to 13,582.42. This was the stock’s fifth consecutive day of losses. Eastman Kodak Co. closed $52.98 below 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 0.55% to $23.61 and HP Inc.
rose 1.44% to $34.45. Trading volume (1.1 M) remained 3.0 million below its 50-day average volume of 4.1 M.