Eastman Kodak Co. stock rises Wednesday, still underperforms market

Eastman Kodak Co. stock rises Wednesday, still underperforms market

Shares of Eastman Kodak Co. KODK, +0.95% inched 0.95% higher to $4.23 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +4.41% rising 4.41% to 11,468.00 and the Dow Jones Industrial Average DJIA, +2.18% rising 2.18% to 34,589.77. The stock’s rise snapped a three-day losing streak. Eastman Kodak Co. closed $3.27 below its 52-week high ($7.50), which the company achieved on March 31st.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Novanta Inc. NOVT, +4.15% rose 4.15% to $157.75 and Diebold Nixdorf Inc. DBD, remained unchanged. Trading volume (545,311) remained 65,540 below its 50-day average volume of 610,851.

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