DJ Eastman Kodak Co. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Eastman Kodak Co. $(KODK)$ rallied 1.62% to $5.02 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.40% to 16,742.39 and the Dow Jones Industrial Average rising 0.88% to 39,908.00.
This was the stock's third consecutive day of gains.
Eastman Kodak Co. closed $1.32 below its 52-week high ($6.34), which the company reached on July 12th.
The stock underperformed when compared to some of its competitors Wednesday, as Novanta Inc. (NOVT) rose 1.99% to $167.90.
Trading volume (692,162) remained 229,131 below its 50-day average volume of 921,293.
Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 2024.
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May 15, 2024 16:30 ET (20:30 GMT)
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