Eastman Kodak stock rallies 5.63% on mixed trading day
Updated
Updated · MarketWatch · May 1
Eastman Kodak stock rallies 5.63% on mixed trading day
16 articles · Updated · MarketWatch · May 1
Shares closed at $14.08, just 1.47% below the 52-week high of $14.29 reached on 29 April.
Kodak outperformed peer Novanta, whose stock fell 1.28% to $127.87, while the Nasdaq rose 0.89% and the Dow slipped 0.31%.
Trading volume was 1.1 million shares, about 185,847 below Kodak's 50-day average of 1.3 million.
Can Kodak's bold shift toward advanced materials and battery tech truly secure its future, or will profitability challenges and supply chain risks derail its comeback?
With Kodak's film business booming and new tech launches, could rising silver costs and chemical shortages threaten this analog revival?