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Kodak’s Government Loan Appears to Be on Hold. Expect More Wild Trading Ahead.
The U.S. International Development Finance Corporation, or DFC, tweeted that a loan due to (KODK) appears to be on hold for now. The “letter of interest” in the tweet refers to a $765 million loan Kodak (ticker: KODK) will use to start a new business segment producing pharmaceutical ingredients. Kodak isn’t in the drug business, and the surprise decision sent Kodak stock up 1,167% in two days beginning July 28.
https://finance.yahoo.com/m/af00562...c067f8/kodak’s-government-loan.html?.tsrc=rss
The U.S. International Development Finance Corporation, or DFC, tweeted that a loan due to (KODK) appears to be on hold for now. The “letter of interest” in the tweet refers to a $765 million loan Kodak (ticker: KODK) will use to start a new business segment producing pharmaceutical ingredients. Kodak isn’t in the drug business, and the surprise decision sent Kodak stock up 1,167% in two days beginning July 28.
https://finance.yahoo.com/m/af00562...c067f8/kodak’s-government-loan.html?.tsrc=rss