Eastman Kodak was fired on Tuesday after President Donald Trump announced an agreement to work with the photography pioneer to produce ingredients in generic drugs in response to the coronavirus pandemic. Kodak shares soared over 60% in extended trading. The shares tripled during Tuesday’s regular exchange for its best day …
Read More »Kodak’s shares triple when the company announces a pandemic plan to start manufacturing pharmaceutical ingredients.
The Trump administration’s $ 765 million loan to Eastman Kodak Co. for the launch of a business that makes pharmaceutical ingredients caused the actions of the iconic camera company to skyrocket. Kodak’s stock KODK, + 203.05% More than 200% recovered on Tuesday after the Trump administration announced the news. The …
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