Kodak Soars 84% On Committee Findings - Business - Nairaland
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| Kodak Soars 84% On Committee Findings by Investogist: 8:15pm On Sep 16, 2020 |
Eastman Kodak (NYSE: KODK) soared as much as 84% on Wednesday to $11.44, after it was determined by a special committee that executive trading and option grants in shares of Kodak just prior to a $765 million government loan announcement in July didn’t violate insider trading laws. Kodak hired the Akim Gump Strauss Hauer & Feld law firm to investigate the matter after it received intense scrutiny from... Read full article athttps://investogist.com/kodak-soars-84-on-committee-findings/ |
| Re: Kodak Soars 84% On Committee Findings by MrBrownJay1(m): 8:27pm On Sep 16, 2020 |
If you check deeply, you will realize that Kodak shares were normally trading at "above $10" before 2018... And only started to lose stamina from 2018. So technically, they are just getting back to their normal price...even though today, they are trading below $9 |
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