DJ Eastman Kodak Co. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Eastman Kodak Co. $(KODK)$ plunged 16.55% to $4.59 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.11% to 43,958.19 and the NASDAQ Composite Index falling 0.26% to 19,230.74.
This was the stock's second consecutive day of losses.
Eastman Kodak Co. closed $1.59 short of its 52-week high ($6.18), which the company reached on June 12th.
The stock underperformed when compared to some of its competitors Wednesday, as Novanta Inc. (NOVT) fell 2.60% to $170.17.
Trading volume (2.3 M) eclipsed its 50-day average volume of 464,418.
Data source: Dow Jones Market Data, FactSet. Data compiled November 13, 2024.
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(END) Dow Jones Newswires
November 13, 2024 16:30 ET (21:30 GMT)
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