Why Eastman Kodak Stock Soared 80% This Morning
Eastman Kodak (NYSE: KODK) stock took investors for a wild ride this past summer.
Rising from $2 and change to as high as $60 in two crazed trading days in July, the stock proceeded to oscillate, first higher, then lower (and lower, and lower) over the next several months, ultimately closing at $7.53 on Friday last week. This morning, Kodak jumped 82% in 9:45 a.m. EST trading on news just published in The Wall Street Journal.
Image source: Getty Images.
Source Fool.com