Picture Imperfect: Kodak Stock Is Down 86 Percent Year-To-Date
October 1, 2011 7:19 pmThis is a stunning fall for a once top performing firm:
“Kodak (EK, Fortune 500) shares plunged 54% Friday on the news to a mere 78 cents. The stock is down a whopping 86% year-to-date.
After the close of trade on Friday, Kodak released a statement denying the rumors and saying the company “has no intention of filing for bankruptcy.”
Statistics Source: CNN Money
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