Kodak cleared after federal loan probe, stock soars
Eastman Kodak Co. shares surged 69% Monday morning after a federal agency cleared the company of wrongdoing related to a $765 million loan that aided its pivot into drug-ingredient manufacturing.
Monday, December 7, 2020
Kodak cleared after federal loan probe, stock soars
Kodak cleared after federal loan probe, stock soars
Eastman Kodak Co. shares surged 69% Monday morning after a federal agency cleared the company of wrongdoing related to a $765 million loan that aided its pivot into drug-ingredient manufacturing.
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