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Updated · MarketWatch · May 7Eastman Kodak stock slides 2.48% and underperforms competitors
9 articles · Updated · MarketWatch · May 7
- Shares closed at $14.15 on Thursday as the Nasdaq fell 0.13% to 25,806.20 and the Dow dropped 0.63% to 49,596.97.
- Kodak ended 4.84% below its 52-week high of $14.87, reached on 4 May, and lagged Novanta, whose shares fell 1.89% to $136.28.
- Trading volume reached 1.4 million shares, above the stock's 50-day average of 1.3 million, during a broadly weak market session.
Kodak's revenue is growing but its losses are widening. Is its celebrated high-tech turnaround actually working? Can Gen Z's passion for retro film save a company betting its future on advanced EV battery technology?