Kodak is surging again after skyrocketing 1\,200% in 2 days

Kodak is surging again after skyrocketing 1,200% in 2 days

Business Insider Thursday, 30 July 2020 ()
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· *Kodak's share price jumped as much as 35% in pre-market trading on Thursday as traders continued to cheer its $765 million government loan to make drug ingredients in response to the pandemic.*
· *The camera company's stock skyrocketed about 1,200% in two days this week, boosting its market capitalization from under...
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News video: Kodak Surges

Kodak Surges 00:27

 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...