Picture Imperfect: Kodak Stock Is Down 86 Percent Year-To-DateOctober 1, 2011 7:19 pm
This 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