Eastman Kodak stock rises but underperforms competitors

11 articles · Updated · MarketWatch · May 6

Kodak shares gained 2.91% to $14.51 on Wednesday, while Novanta rose 5.00% to $138.90 and broader US markets also advanced.
The stock finished 2.42% below its 52-week high of $14.87, reached on May 4, despite the Nasdaq climbing 2.02% and the Dow adding 1.24%.
Trading volume was 1.1 million shares, 241,679 below Kodak's 50-day average of 1.3 million, suggesting the move came on lighter-than-usual activity.

While competitors post record profits, is Kodak's stock surge just hype ahead of its crucial earnings report?

With cash on hand but persistent losses, can Kodak's high-tech battery venture truly power a sustainable comeback?