Eastman Kodak: Surprise Cash Windfall But Lacks Clarity [Seeking Alpha]
Eastman Kodak Company Common New (KODK)
US:NYSE Investor Relations:
investor.kodak.com
Company Research
Source: Seeking Alpha
Despite improving bottom line in FY2023, Kodak lacks clear growth plans, relying heavily on the traditional print industry. Kodak's announcement of a $1.2 billion surplus cash reserve has intrigued investors, yet its potential utilisation remains uncertain. At its peak, all the way back in 1996, Eastman Kodak Company's ( NYSE: KODK ) brand, film and camera innovations made it one of the world's most valuable companies , reporting $16 billion in revenue, and the stock was trading above $90 . Since then, the company miss the mark on digitalisation, declaring bankruptcy and returning in 2013 after severe restructuring and business shifts. Still, little recent excitement about the company's fundamentals or stock performance has occurred. The company's top line has slowly decreased towards the $1 billion mark, and in the last five years, there was just one brief period in which we saw the stock price rise to $33.20 in July 2020. However, this was thanks to meme stock momentum rather t
Show less
Read more
Impact Snapshot
Event Time:
KODK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KODK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KODK alerts
High impacting Eastman Kodak Company Common New news events
Weekly update
A roundup of the hottest topics
KODK
News
- Eastman Kodak (NYSE: KODK) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Eastman Kodak (NYSE: KODK) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Prinics launches a new 'KODAK ERA' product line up [Yahoo! Finance]Yahoo! Finance
- Prinics launches a new 'KODAK ERA' product line upPR Newswire
- Kodak Pension Riches Point to $137 Billion Opportunity [Yahoo! Finance]Yahoo! Finance
KODK
Sec Filings
- 4/5/24 - Form ARS
- 4/5/24 - Form DEFA14A
- 4/5/24 - Form DEF
- KODK's page on the SEC website