Kodak gets massive loan, turns into drug component maker

Started 6 months ago | Discussions thread
(unknown member) Senior Member • Posts: 2,206
Re: Kodak gets massive loan, turns into drug component maker

MHshooter wrote:

Stock jumps 60%. I wonder who knew this would happen? They'll make components use in drugs, they've always been a chemical company, more so than a camera maker really.

https://www.bbc.com/news/business-53563601

60%? The stock is up over 1200% in two days. Incredible.

After it closed yesterday at around $8, some were thinking it might move up to $20ish in the next few weeks eventually. Instead it more than doubled that guess in a single day before slightly tapering off.

Wonder who was holding on to shares from eons ago? They have to be happy with the current price.

Also will be interesting to see how it performs in the next few days.

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