DJ Eastman Kodak Co. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Eastman Kodak Co. $(KODK)$ rose 9.96% to $5.52 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 2.95% to 18,983.47 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.
This was the stock's second consecutive day of gains.
Eastman Kodak Co. closed $0.66 below its 52-week high ($6.18), which the company achieved on June 12th.
The stock underperformed when compared to some of its competitors Wednesday, as Novanta Inc. (NOVT) rose 10.49% to $181.94.
Trading volume (1.6 M) eclipsed its 50-day average volume of 413,082.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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(END) Dow Jones Newswires
November 06, 2024 16:30 ET (21:30 GMT)
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