Video Credit: Wochit - Duration: 00:27s - Published
Kodak Surges
Shares of Kodak surged as much as 1,900% in two days.
This is because Kodak was awarded a $765 million government loan to make drug ingredients in response to the pandemic.
Business Insider reports Kodak plans to launch a pharmaceuticals division that will make essential drug components currently in "chronic national shortage."
The deal is being touted as "one of the most important deals in the history of US pharmaceutical industries."
Kodak's stock price tripled on Tuesday, then rose as much as 570% on Wednesday.
Kodak shares skyrocketed, triggering several circuit breakers, on news that the company is starting a pharmaceutical initiative. The Trump-supported move comes as the U.S. looks to source American..
In trading on Wednesday, music & electronics stores shares were relative leaders, up on the day by about 5.7%. Leading the group were shares of Systemax, up about 16.1% and shares of Rent-a-center up..
Credit: Market News Video Duration: 01:08Published
In today's Financial Focus, we have a check of the stock market and the stocks with ties to Las Vegas. Frontier Airlines is offering $11 flight promotions to Den members. Kodak stock skyrockets after..
Credit: KTNV Channel 13 Las Vegas Duration: 01:19Published
![Kodak Dives into Pharmaceuticals, Shares Skyrocket on News [Video]](https://video.newsserve.net/300/v/20200730/2007301626-Kodak-Dives-into-Pharmaceuticals-Shares-Skyrocket-on-News.jpg)
![Wednesday Sector Leaders: Music & Electronics Stores, Consumer Goods [Video]](https://video.newsserve.net/300/v/20200729/2007291610-Wednesday-Sector-Leaders-Music-Electronics-Stores-Consumer.jpg)
![Delta Aquariids meteor shower set to peak [Video]](https://video.newsserve.net/300/v/20200729/2007290211-Delta-Aquariids-meteor-shower-set-to-peak.jpg)
