Kodak loan disclosure and increase in inventory amid SEC investigation


The Securities and Exchange Commission is investigating the circumstances surrounding Eastman Kodak Co.’s announcement of a $ 765 million government loan to manufacture drugs at its U.S. factories, according to people familiar with the matter.

News of the loan last week sent Kodak shares up to $ 60, before dropping to around $ 15 on Monday due to stock dilution. Amid the increased volatility, the volume of transactions increased. Soaring prices briefly produced a potential windfall for business executives who owned stock options…


Please enter your comment!
Please enter your name here